Pctel Inc Expected To Post Earnings Of 5 Cents A Share: Earnings Preview

PCTEL

03/05/2023 03:06

* PCTEL Inc  PCTI.OQ   PCTI.O  is expected to show a fall in
quarterly revenue when it reports  results on May 4. 
    * The Bloomingdale Illinois-based  company is expected to
report 
a 0.2% decrease in revenue to $22.5 million from $22.54 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on March 7 2023, for the
period ended March 31, was for revenue between $22.00 million
and $23.00 million.
    * ​Refinitiv's mean analyst estimate for PCTEL Inc is for
earnings
of 5 cents per share. The company's EPS guidance on March 7
2023, for the period ended March 31, was between $0.05 and
$0.07 
    * 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 March 7 2023 for the period ended
March 31 was for gross profit margin between USD47% and USD48%.
This summary was machine generated May 3 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated