Netscout Systems Inc expected to post earnings of 37 cents a share - Earnings Preview

NetScout Systems

23/01/2024 12:33

* Netscout Systems Inc  NTCT.OQ   NTCT.O  is expected
to show a
fall in quarterly revenue when it reports  results on January 25
for the period ending December 31 2023
    * The Westford Massachusetts-based  company is expected to
report
a 26.4% decrease in revenue to $198.383 million from $269.54
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Netscout Systems Inc is
for
earnings of 37 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 $25.00​, above​ its last closing price of $22.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.55        0.54       0.61      Beat    12.3
 Jun. 30 2023  0.30        0.30       0.31      Beat    2.2
 Mar. 31 2023  0.28        0.28       0.38      Beat    37.3​
 Dec. 31 2022  0.68        0.68       1.00      Beat    47.1
 ​​Sep.        0.49        0.49       0.57      Beat    16.3
 30 2022                                                
 Jun. 30 2022  0.22        0.22       0.24      Beat    9.1​
 Mar. 31 2022  0.21        0.21       0.29      Beat    38.1
 Dec. 31 2021  0.62        0.62       0.89      Beat    43.5
 This summary was machine generated January 23 at 12:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)