Pctel Inc Expected To Post Earnings Of 3 Cents A Share: Earnings Preview

PCTEL

05/08/2023 03:05

* PCTEL Inc  PCTI.OQ   PCTI.O  is expected to show a fall in
quarterly revenue when it reports  results on August 8. 
    * The Bloomingdale Illinois-based  company is expected to
report 
a 17.9% decrease in revenue to $20.5 million from $24.98 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on May 4 2023, for the
period ended June 30, was for revenue between $20.00 million and
$21.00 million.
    * ​Refinitiv's mean analyst estimate for PCTEL Inc is for
earnings
of 3 cents per share. The company's EPS guidance on May 4 2023,
for the period ended June 30, was between $0.02 and $0.04 
    * 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 $4.71. ​​​

The company's guidance on May 4 2023 for the period ended June
30 was for gross profit margin between USD47% and USD48%.
This summary was machine generated August 5 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated