Sequans Communications SA expected to post a loss of 9  cents a share - Earnings Preview

Sequans Communications SA

04/02/2022 11:28

* Sequans Communications SA  SQNS.N   SQNS.K  is expected
to show
a fall in quarterly revenue when it reports  results on February
8. 
    * The Colombes Ile-de-france-based  company is expected to
report 
a 13.3% decrease in revenue to $13.691 million from $15.79
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 9 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 63.5% above​ its last closing
price of $4.02. ​​​
    * 

This summary was machine generated February 4 at 11:28 GMT.  All
figures in US dollars  unless otherwise stated