PC Connection Inc expected to post earnings of 44  cents a share - Earnings Preview

PC Connection

23/04/2021 12:51

* PC Connection Inc  CNXN.OQ   CNXN.O  is expected to show
a fall in quarterly revenue when it reports results on April 27
(estimated).
* The Merrimack, New Hampshire-based company is expected to
report  a 12.3% decrease in revenue to $624.134 million from
$711.85 million a year ago, according to the mean estimate from
2 analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for PC Connection Inc is
for earnings of 44 cents per share. For the same quarter last
year, the company reported earnings of 56 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 2
"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 PC Connection
Inc is $55​, about 20.1% above​ its last closing price
of $43.95. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.63        0.62       0.62      Met     0
 Sep. 30 2020  0.66        0.66       0.64      Missed  -2.3
 Jun. 30 2020  0.66        0.67       0.32      Missed  -51.9​
 Mar. 31 2020  0.53        0.53       0.56      Beat    5.7
 Dec.          0.80​       0.80       0.83      Beat    3.8​
 31​ 2019​                                              
 Sep. 30 2019  0.57        0.57       0.90      Beat    57​
 Jun. 30 2019  0.73        0.72       0.89      Beat    23.6
 Mar. 31 2019  0.45        0.45       0.48      Beat    5.9
 This summary was machine generated April 23 at 11:51 GMT.  All
figures in US dollars unless otherwise stated