Sequans Communications SA expected to post a loss of 11 cents a share - Earnings Preview

Sequans Communications SA

01/05/2023 19:29

* Sequans Communications SA  SQNS.N   SQNS.K  is expected
to show
a fall in quarterly revenue when it reports  results on May 3. 
    * The Colombes Ile-de-france-based  company is expected to
report 
a 13.4% decrease in revenue to $12.025 million from $13.89
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sequans
Communications SA
is for a loss of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 Sequans
Communications SA is $7​, above​ its last closing price
of $2.79. ​​​

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 2022  -0.04       -0.04      -0.06     Missed  -33.3
 Sep. 30 2022  -0.02       -0.02      0.01      Beat    150
 Jun. 30 2022  -0.08       -0.08      -0.02     Beat    74.3​
 Mar. 31 2022  -0.12       -0.12      -0.04     Beat    66.9
 ​​Dec.        -0.09       -0.09      -0.09     Met     2.6
 31 2021                                                
 Sep. 30 2021  -0.20       -0.19      -0.14     Beat    24.7​
 Jun. 30 2021  -0.18       -0.17      -0.15     Beat    10.2
 Mar. 31 2021  -0.21       -0.21      -0.15     Beat    30.2
 This summary was machine generated May 1 at 18:29 GMT.  All
figures in US dollars  unless otherwise stated