Netgear Inc Expected To Post Earnings Of 42 Cents A Share: Earnings Preview
26/10/2021 03:03
* NETGEAR Inc NTGR.OQ NTGR.O is expected to show a fall in
quarterly revenue when it reports results on October 27.
* The San Jose, California-based company is expected to report
a 22.0% decrease in revenue to $294.961 million from $378.11
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data.
* Refinitiv's mean analyst estimate for NETGEAR Inc is for
earnings of 42 cents per share. For the same quarter last year,
the company reported earnings of $1.13 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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
$40, about 21.2% above its last closing price of $31.54.
* Previous quarterly performance (using preferred earnings
measure in US dollars).
QUARTER STARMINE REFINITIV ACTUAL BEAT, SURPRI
ENDING SMARTESTIM IBES MET, SE %
ATE® ESTIMATE MISSED
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
Sep. 30 2020 0.65 0.66 1.13 Beat 71.9
Jun. 0.22 0.22 0.54 Beat 141.3
30 2020
Mar. 31 2020 0.16 0.16 0.21 Beat 29
Dec. 31 2019 0.30 0.30 0.34 Beat 15.3
Sep. 30 2019 0.59 0.60 0.65 Beat 8.9
This summary was machine generated October 26 at 02:03 GMT. All
figures in US dollars unless otherwise stated