Ribbon Communications Inc expected to post earnings of 13  cents a share - Earnings Preview

Ribbon Communications

15/02/2022 24:12

* Ribbon Communications Inc  RBBN.OQ   RBBN.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
16. 
    * The Plano Texas-based  company is expected to report  a
3.4% increase in revenue to $252.55 million from $244.2 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 earnings of 13 cents per share. For the same quarter last
year, the company reported earnings of 18 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 $10​, about 56.4% above​ its last closing
price of $4.36. ​​​
    * 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 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. 31 2020  0.15        0.14       0.18      Beat    28.6
 ​​Sep.        0.07        0.07       0.16      Beat    146.2
 30 2020                                                
 Jun. 30 2020  0.05        0.05       0.06      Beat    20​
 Mar. 31 2020              -0.01      0.01      Beat    166.7
 Dec. 31 2019  0.29        0.29       0.27      Missed  -8.1
 This summary was machine generated February 15 at 00:12 GMT. 
All figures in US dollars  unless otherwise stated