Sequans Communications SA expected to post a loss of 19 cents a share - Earnings Preview

Sequans Communications SA

29/10/2021 16:22

* Sequans Communications SA  SQNS.N   SQNS.K  is expected
to show a fall in quarterly revenue when it reports results on
November 2. 
* The Colombes, Ile-de-france-based company is expected to
report  a 13.3% decrease in revenue to $12.25 million from
$14.12 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Sequans Communications
SA is for a loss of 19 cents per share. For the same quarter
last year, the company reported a loss of 28 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "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 $11​, about 59.4% above​ its last closing
price of $4.47. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.18       -0.17      -0.15     Beat    10.2
 Mar. 31 2021  -0.21       -0.21      -0.15     Beat    30.2
 Dec. 31 2020  -0.27       -0.25      -0.28     Missed  -13.2​
 Sep. 30 2020  -0.23       -0.22      -0.28     Missed  -28.2
 Jun.          -0.19​      -0.24      -0.28     Missed  -17.4​
 30​ 2020​                                              
 Mar. 31 2020  -0.39       -0.38      -0.36     Beat    4.1​
 Dec. 31 2019  -0.29       -0.29      -0.30     Missed  -3.4
 Sep. 30 2019  -0.28       -0.27      -0.32     Missed  -16.4
 This summary was machine generated October 29 at 15:22 GMT.  All
figures in US dollars unless otherwise stated