Netgear Inc Expected To Post A Loss Of 37 Cents A Share: Earnings Preview
28/04/2025 22:41
NETGEAR Inc NTGR.OQ NTGR.O is expected to show a fall in quarterly revenue when it reports results on April 30 for the period ending March 31 2025 The San Jose California-based company is expected to report a 7.5% decrease in revenue to $152.242 million from $164.59 million a year ago, according to the estimate from one analyst, based on LSEG data.The company's guidance on February 5 2025, for the period ended March 31, was for revenue between $145.00 million and $160.00 million. LSEG's mean analyst estimate for NETGEAR Inc is for a loss of 37 cents per share. The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "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 $29.00, above its last closing price of $24.76. The company's guidance on February 5 2025 for the period ended March 31 was for Earnings before Interest and Taxes between USD-14.5 million and USD-11.2 million. This summary was machine generated April 28 at 21:41 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)