Netgear Inc Reports Results For The Quarter Ended In June: Earnings Summary

NetGear

21/07/2021 22:01

* NETGEAR Inc  NTGR.OQ  reported quarterly adjusted earnings of
66 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
71 cents per share.
* Revenue rose 10.3% to $308.81 million from a year ago; 
analysts expected $314.84 million. 
* NETGEAR Inc's reported EPS for the quarter was 57 cents​.
* The mean earnings estimate of analysts had fallen by about 3%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* NETGEAR Inc shares had fallen by 3.9% this quarter and
lost 9.4% so far this year.
* Wall Street's median 12-month price target for NETGEAR Inc is
$47.00 
* 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." 
This summary was machine generated July 21 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated