Pctel Inc Expected To Post Earnings Of 6 Cents A Share: Earnings Preview

PCTEL

30/10/2023 11:49

* PCTEL Inc  PCTI.OQ   PCTI.O  is expected to show a fall in
quarterly revenue when it reports  results 
    * The Bloomingdale Illinois-based  company is expected to
report 
a 21.1% decrease in revenue to $20.5 million from $25.99 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on August 8 2023, for the
period ended September 30, was for revenue between $20.00
million and $21.00 million.
    * ​Refinitiv's mean analyst estimate for PCTEL Inc is for
earnings
of 6 cents per share. The company's EPS guidance on August 8
2023, for the period ended September 30, was between $0.06 and
$0.07 
    * The one available analyst rating on the shares is
"hold".  
    * 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 $7​,
above​ its last closing price of $6.84. ​​​

The company's guidance on August 8 2023 for the period ended
September 30 was for gross profit margin between USD48% and
USD49%.
This summary was machine generated October 30 at 11:49 GMT.  All
figures in US dollars  unless otherwise stated