PC Connection Inc expected to post earnings of 65 cents a share - Earnings Preview

PC Connection

03/08/2021 22:17

* PC Connection Inc  CNXN.OQ   CNXN.O  is expected to show a
rise in quarterly revenue when it reports results on August 5. 
* The Merrimack, New Hampshire-based company is expected to
report   a 25.1% increase in revenue to $688.116 million from
$550 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 65 cents per share. For the same quarter last
year, the company reported earnings of 32 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 $53​, about 11.9% above​ its last closing price
of $46.70. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.44        0.43       0.39      Missed  -9.3
 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.          0.53​       0.53       0.56      Beat    5.7​
 31​ 2020​                                              
 Dec. 31 2019  0.80        0.80       0.83      Beat    3.8​
 Sep. 30 2019  0.57        0.57       0.90      Beat    57
 Jun. 30 2019  0.73        0.72       0.89      Beat    23.6
 This summary was machine generated August 3 at 21:17 GMT.  All
figures in US dollars unless otherwise stated