Netgear Inc Expected To Post A Loss Of 8 Cents A Share: Earnings Preview
30/01/2023 22:48
* NETGEAR Inc NTGR.OQ NTGR.O is expected to show a fall
in
quarterly revenue when it reports results on February 1.
* The San Jose California-based company is expected to
report a
3.1% decrease in revenue to $243.516 million from $251.19
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
October 26 2022, for the period ended December 31, was for
revenue between $235.00 million and $250.00 million.
* Refinitiv's mean analyst estimate for NETGEAR Inc is for
a loss
of 8 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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
$23.5, above its last closing price of $19.75.
The company's guidance on October 26 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD-4.7 million and USD-2.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Sep. 30 2022 0.09 0.08 0.21 Beat 150
Jun. 30 2022 -0.24 -0.24 -0.19 Beat 20.4
Mar. 31 2022 0.11 0.10 -0.28 Missed -371
0.27
Sep. 0.41 0.42 0.50 Beat 20.5
30 2021
Jun. 30 2021 0.71 0.71 0.66 Missed -7
Mar. 31 2021 0.66 0.66 0.99 Beat 49.9
Dec. 31 2020 0.84 0.84 0.99 Beat 18.2
This summary was machine generated January 30 at 22:48 GMT. All
figures in US dollars unless otherwise stated