Pctel Inc Expected To Post Earnings Of 16 Cents A Share: Earnings Preview

PCTEL

03/03/2023 23:25

* PCTEL Inc  PCTI.OQ   PCTI.O  is expected to show a fall in
quarterly revenue when it reports  results on March 7. 
    * The Bloomingdale Illinois-based  company is expected to
report 
a 0.0% decrease in revenue to $26 million from $26.01 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on November 3 2022, for
the period ended December 31, was for revenue between $25.50
million and $26.50 million.
    * ​Refinitiv's mean analyst estimate for PCTEL Inc is for
earnings
of 16 cents per share. The company's EPS guidance on November 3
2022, for the period ended December 31, was between $0.14 and
$0.16 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for PCTEL Inc
is $9​,
above​ its last closing price of $4.63. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for gross profit margin between USD47% and
USD49%.
This summary was machine generated March 3 at 23:25 GMT.  All
figures in US dollars  unless otherwise stated