Ribbon Communications Inc expected to post earnings of 2  cents a share - Earnings Preview

Ribbon Communications

26/04/2021 23:25

* Ribbon Communications Inc  RBBN.OQ   RBBN.O  is expected to
show a rise in quarterly revenue when it reports results on
April 28.
* The Plano, Texas-based company is expected to report  a
22.5% increase in revenue to $193.516 million from $157.98
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 2 cents per share. For the same quarter
last year, the company reported earnings of 1 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by
about 10.5% in the last three months.​
* Wall Street's median 12-month price target for Ribbon
Communications Inc is $13​, about 36.8% above​ its last closing
price of $8.21. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.15        0.14       0.18      Beat    28.6
 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
 Dec.          0.29​       0.29       0.27      Missed  -8.1​
 31​ 2019​                                              
 Sep. 30 2019  0.21        0.21       0.13      Missed  -37​
 Jun. 30 2019  0.07        0.08       0.14      Beat    68
 Mar. 31 2019  0.04        0.03       -0.05     Missed  -250
 This summary was machine generated April 26 at 22:25 GMT.  All
figures in US dollars unless otherwise stated