Netscout Systems Inc reports results for the quarter ended December 31 - Earnings Summary

NetScout Systems

30/01/2025 14:13

* Netscout Systems Inc  NTCT.OQ  reported quarterly adjusted
earnings of 94 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 73 cents.  The mean expectation of two analysts
for the quarter was for earnings of 72 cents per share. Wall
Street expected results to range from 69 cents to 74 cents per
share.
    * Revenue rose 15.6% to $252.02 million from a year ago;
analysts
expected $221.42 million. 
    * Netscout Systems Inc's reported EPS for the quarter was 67
cents​.
    * The company reported quarterly net income of $48.81
million.
    * Netscout Systems Inc shares had risen by 3.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for Netscout Systems
Inc is $23.45 
This summary was machine generated from LSEG data January 30 at
02:13 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.72           0.94           Beat
 Sep. 30 2024      0.45           0.47           Beat
 Jun. 30 2024      0.12           0.28           Beat
 Mar. 31 2024      0.53           0.55           Beat