Netscout Systems Inc expected to post earnings of 45 cents a share - Earnings Preview

NetScout Systems

22/10/2024 15:13

* Netscout Systems Inc  NTCT.OQ   NTCT.O  is expected
to show a
fall in quarterly revenue when it reports  results on October 24
for the period ending September 30 2024
    * The Westford Massachusetts-based  company is expected to
report
a 4.3% decrease in revenue to $188.422 million from $196.8
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on July 25
2024, for the period ended September 30, was for revenue between
$185.00 million and $195.00 million.
    * ​LSEG's mean analyst estimate for Netscout Systems Inc is
for
earnings of 45 cents per share. The company's EPS guidance on
July 25 2024, for the period ended September 30, was between
$0.42 and $0.51 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 21.78​, above​ its last closing price of $21.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.12        0.12       0.28      Beat    133.3
 Mar. 31 2024  0.53        0.53       0.55      Beat    4.8
 Dec. 31 2023  0.37        0.37       0.73      Beat    95.5​
 Sep. 30 2023  0.55        0.54       0.61      Beat    12.3
 ​​Jan.        0.30        0.30       0.31      Beat    2.2
 1 0001                                                 
 Mar. 31 2023  0.28        0.28       0.38      Beat    37.3​
 Dec. 31 2022  0.68        0.68       1.00      Beat    47.1
 Jan. 1 0001   0.49        0.49       0.57      Beat    16.3
 This summary was machine generated October 22 at 14:12 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)