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

NetScout Systems

27/10/2022 14:32

* Netscout Systems Inc  NTCT.OQ  reported quarterly adjusted
earnings of 57 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 49 cents per share.
    * Revenue rose 7.6% to $228.08 million from a year ago;
analysts
expected $222.95 million. 
    * Netscout Systems Inc's reported EPS for the quarter was 24
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Netscout Systems Inc shares had risen by 13.4% this
quarter and
gained 7.4% so far this year.
    * The company reported quarterly net income of $17.38
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 October
27 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.49           0.57           Beat
 Jun. 30 2022      0.22           0.24           Beat
 Mar. 31 2022      0.21           0.29           Beat
 Dec. 31 2021      0.62           0.89           Beat