Ribbon Communications Inc expected to post a loss of 8  cents a share - Earnings Preview

Ribbon Communications

26/04/2022 03:03

* Ribbon Communications Inc  RBBN.OQ   RBBN.O  is expected
to show
a fall in quarterly revenue when it reports  results on April
27. 
    * The Plano Texas-based  company is expected to report  a
10.4% decrease in revenue to $172.742 million from $192.77
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ribbon
Communications Inc
is for a loss of 8 cents per share. For the same quarter last
year, the company reported earnings of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 Ribbon
Communications Inc is $6.5​, above​ its last closing price
of $3.07. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.12        0.13       0.01      Missed  -92.3
 Sep. 30 2021  0.12        0.12       0.11      Missed  -5.7
 Jun. 30 2021  0.10        0.10       0.17      Beat    64.5​
 Mar. 31 2021  0.02        0.02       0.03      Beat    80
 ​​Dec.        0.15        0.14       0.18      Beat    28.6
 31 2020                                                
 Sep. 30 2020  0.07        0.07       0.16      Beat    146.2​
 Jun. 30 2020  0.05        0.05       0.06      Beat    20
 Mar. 31 2020              -0.01      0.01      Beat    166.7
 This summary was machine generated April 26 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated