Smith Micro Software Inc expected to post earnings of 1  cents a share - Earnings Preview

Smith Micro Software

04/05/2021 01:21

* Smith Micro Software Inc  SMSI.OQ   SMSI.O  is expected to
show a fall in quarterly revenue when it reports results on May
5.
* The Pittsburgh, Pennsylvania-based company is expected to
report  a 18.1% decrease in revenue to $10.916 million from
$13.32 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Smith Micro Software
Inc is for earnings of 1 cents per share. For the same quarter
last year, the company reported earnings of 10 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 Smith Micro
Software Inc is $9.5​, about 41.8% above​ its last closing price
of $5.53. ​​​
* 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              0.03       0.03      Met     -10
 Sep. 30 2020  0.04        0.04       0.04      Met     0
 Jun. 30 2020  0.05        0.05       0.07      Beat    40​
 Mar. 31 2020  0.07        0.08       0.10      Beat    33.3
 Dec.          0.07​       0.07       0.08      Beat    14.3​
 31​ 2019​                                              
 Sep. 30 2019  0.07        0.06       0.09      Beat    42.1​
 Jun. 30 2019  0.01        0.01       0.09      Beat    800
 Mar. 31 2019  0.00        0.00       0.02      Beat    900
 This summary was machine generated May 4 at 00:21 GMT.  All
figures in US dollars unless otherwise stated