Netgear Inc Expected To Post Earnings Of 8cents A Share: Earnings Preview
25/10/2022 03:01
* NETGEAR Inc NTGR.OQ NTGR.O is expected to show a fall
in
quarterly revenue when it reports results on October 26.
* The San Jose California-based company is expected to
report a
15.7% decrease in revenue to $244.548 million from $290.15
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
July 27 2022, for the period ended September 30, was for revenue
between $240.00 million and $255.00 million.
* Refinitiv's mean analyst estimate for NETGEAR Inc is for
earnings 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
$24.5, above its last closing price of $20.90.
The company's guidance on July 27 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD3.6 million and USD6.375 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
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. 30 2021 0.41 0.42 0.50 Beat 20.5
Jun. 0.71 0.71 0.66 Missed -7
30 2021
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
This summary was machine generated October 25 at 02:01 GMT. All
figures in US dollars unless otherwise stated