Netgear Inc Expected To Post Earnings Of 71 Cents A Share: Earnings Preview
19/07/2021 21:41
* NETGEAR Inc NTGR.OQ NTGR.O is expected to show a rise in
quarterly revenue when it reports results on July 21 .
* The San Jose, California-based company is expected to report
a 12.4% increase in revenue to $314.844 million from $280.05
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 71 cents per share. For the same quarter last year,
the company reported earnings of 54 cents 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
$47, about 20% above its last closing price of $37.58.
* Previous quarterly performance (using preferred earnings
measure in US dollars).
QUARTER STARMINE REFINITIV ACTUAL BEAT, SURPRI
ENDING SMARTESTIM IBES MET, SE %
ATE® ESTIMATE MISSED
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. 30 2020 0.22 0.22 0.54 Beat 141.3
Mar. 0.16 0.16 0.21 Beat 29
31 2020
Dec. 31 2019 0.30 0.30 0.34 Beat 15.3
Sep. 30 2019 0.59 0.60 0.65 Beat 8.9
Jun. 30 2019 0.25 0.25 0.28 Beat 12
This summary was machine generated July 19 at 20:41 GMT. All
figures in US dollars unless otherwise stated