Netgear Inc Expected To Post A Loss Of 24 Cents A Share: Earnings Preview

NetGear

26/07/2022 03:02

* NETGEAR Inc  NTGR.OQ   NTGR.O  is expected to show a fall
in
quarterly revenue when it reports  results on July 27. 
    * The San Jose California-based  company is expected to
report  a
32.1% decrease in revenue to $209.783 million from $308.81
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NETGEAR Inc is for
a loss
of 24 cents per share. For the same quarter last year, the
company reported earnings of 66 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for NETGEAR Inc
is
$24.5​, above​ its last closing price of $19.74. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.11        0.10       -0.28     Missed  -371
  2022                                0.27              
 Sep. 30 2021  0.41        0.42       0.50      Beat    20.5​
 Jun. 30 2021  0.71        0.71       0.66      Missed  -7
 ​​Mar.        0.66        0.66       0.99      Beat    49.9
 31 2021                                                
 Dec. 31 2020  0.84        0.84       0.99      Beat    18.2​
 Sep. 30 2020  0.65        0.66       1.13      Beat    71.9
 Jun. 30 2020  0.22        0.22       0.54      Beat    141.3
 This summary was machine generated July 26 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated