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

NetScout Systems

26/01/2023 13:31

* Netscout Systems Inc  NTCT.OQ  reported quarterly adjusted
earnings of $1.00​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was
for earnings of 68 cents per share.
    * Revenue rose 2.8% to $269.54 million from a year ago;
analysts
expected $239.86 million. 
    * Netscout Systems Inc's reported EPS for the quarter was 72
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Netscout Systems Inc shares had fallen by 2.6% this
quarter.
    * The company reported quarterly net income of $52.62
million.
    * Wall Street's median 12-month price target for Netscout
Systems
Inc is $36.15 
    * 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." 

This summary was machine generated from Refinitiv data January
26 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.68           1.00           Beat
 Sep. 30 2022      0.49           0.57           Beat
 Jun. 30 2022      0.22           0.24           Beat
 Mar. 31 2022      0.21           0.29           Beat