Netscout Systems Inc expected to post earnings of 68cents a share - Earnings Preview

NetScout Systems

24/01/2023 12:33

* Netscout Systems Inc  NTCT.OQ   NTCT.O  is expected
to show a
fall in quarterly revenue when it reports  results on January
26. 
    * The Westford Massachusetts-based  company is expected to
report 
a 8.5% decrease in revenue to $239.861 million from $262.19
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 68 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 1 "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 $36.15​, above​ its last closing price of $31.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.21        0.21       0.29      Beat    38.1​
 Dec. 31 2021  0.62        0.62       0.89      Beat    43.5
 ​​Sep.        0.38        0.38       0.47      Beat    24.5
 30 2021                                                
 Jun. 30 2021  0.20        0.20       0.20      Met     -1.2​
 Mar. 31 2021  0.44        0.44       0.49      Beat    12
 Dec. 31 2020  0.53        0.52       0.66      Beat    26.3
 This summary was machine generated January 24 at 12:32 GMT.  All
figures in US dollars  unless otherwise stated