Ribbon Communications Inc expected to post breakeven results a share - Earnings Preview

Ribbon Communications

14/02/2023 24:40

* Ribbon Communications Inc  RBBN.OQ   RBBN.O  is expected
to show
a fall in quarterly revenue when it reports  results on February
15. 
    * The Plano Texas-based  company is expected to report  a
0.6% decrease in revenue to $229.162 million from $230.58
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
October 26 2022, for the period ended December 31, was for
revenue between 220.00 million and 240.00 million.
    * ​Refinitiv's mean analyst estimate for Ribbon
Communications Inc
is for breakeven results per share. The company's EPS guidance
on October 26 2022, for the period ended December 31, was
between -0.01 and 0.01 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $5.5​, above​ its last closing price
of $3.59. ​​​

The company's guidance on October 26 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
-1.1 million and 4.9 million.The company's guidance on October
26 2022 for the period ended December 31 was for Earnings before
Interest, Taxes, Depreciation and Amortization of between 220
million and 36 million.The company's guidance on October 26 2022
for the period ended December 31 was for gross profit margin
between 53.5% and 54.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.06        0.06       0.02      Missed  -66
 Jun. 30 2022  0.04        0.04       0.06      Beat    63.6
 Mar. 31 2022  -0.08       -0.08      -0.08     Met     -3.5​
 Dec. 31 2021  0.12        0.13       0.01      Missed  -92.3
 ​​Sep.        0.12        0.12       0.11      Missed  -5.7
 30 2021                                                
 Jun. 30 2021  0.10        0.10       0.17      Beat    64.5​
 Mar. 31 2021  0.02        0.02       0.03      Beat    80
 Dec. 31 2020  0.15        0.14       0.18      Beat    28.6
 This summary was machine generated February 14 at 00:40 GMT. 
All figures in US dollars  unless otherwise stated