Netscout Systems Inc expected to post earnings of 30  cents a share - Earnings Preview

NetScout Systems

25/07/2023 19:33

* Netscout Systems Inc  NTCT.OQ   NTCT.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 27. 
    * The Westford Massachusetts-based  company is expected to
report 
a 0.4% decrease in revenue to $207.94 million from $208.81
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on May
4 2023, for the period ended June 30, was for revenue of
$208.812 million.
    * ​Refinitiv's mean analyst estimate for Netscout Systems
Inc is
for earnings of 30 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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 Netscout
Systems
Inc is $34​, above​ its last closing price of $29.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.28        0.28       0.38      Beat    37.3
 Dec. 31 2023  0.68        0.68       1.00      Beat    47.1
 Sep. 30 2022  0.49        0.49       0.57      Beat    16.3​
 Jun. 30 2022  0.22        0.22       0.24      Beat    9.1
 ​​Mar.        0.21        0.21       0.29      Beat    38.1
 31 2022                                                
 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
 This summary was machine generated July 25 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated