Netscout Systems Inc expected to post earnings of 21  cents a share - Earnings Preview

NetScout Systems

03/05/2022 19:32

* Netscout Systems Inc  NTCT.OQ   NTCT.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 5. 
    * The Westford Massachusetts-based  company is expected to
report 
a 11.5% decrease in revenue to $188.762 million from $213.39
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Netscout Systems
Inc is
for earnings of 21 cents per share. For the same quarter last
year, the company reported earnings of 49 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 Netscout
Systems
Inc is $35​, above​ its last closing price of $31.44. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.62        0.62       0.89      Beat    43.5
 Sep. 30 2021  0.38        0.38       0.47      Beat    24.5
 Jun. 30 2021  0.20        0.20       0.20      Met     -1.2​
 Mar. 31 2021  0.44        0.44       0.49      Beat    12
 ​​Dec.        0.53        0.52       0.66      Beat    26.3
 31 2020                                                
 Sep. 30 2020  0.22        0.28       0.38      Beat    34.5​
 Jun. 30 2020  0.12        0.12       0.17      Beat    44.7
 Mar. 31 2020  0.47        0.47       0.50      Beat    5.6
 This summary was machine generated May 3 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated