Netscout Systems Inc expected to post earnings of 53 cents a share - Earnings Preview

NetScout Systems

07/05/2024 13:17

* Netscout Systems Inc  NTCT.OQ   NTCT.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 9 for
the period ending March 31 2024
    * The Westford Massachusetts-based  company is expected to
report
a 3.3% increase in revenue to $214.921 million from $208.09
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Netscout Systems Inc is
for
earnings of 53 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 $25.00​, above​ its last closing price of $20.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.37        0.37       0.73      Beat    95.5
 Jan. 1 2023   0.30        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
 ​​Jan.        0.68        0.68       1.00      Beat    47.1
 1 0001                                                 
 Sep. 30 2022  0.49        0.49       0.57      Beat    16.3​
 Jun. 30 2022  0.22        0.22       0.24      Beat    9.1
 Jan. 1 0001   0.21        0.21       0.29      Beat    38.1
 This summary was machine generated May 7 at 12:17 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)