Spok Holdings Inc reports results for the quarter ended in March - Earnings Summary

Spok Holdings

02/05/2024 11:46

* Spok Holdings Inc  SPOK.OQ  reported quarterly adjusted
earnings
of 21 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of 24 cents.  The lone analyst forecast for the quarter was
for earnings of 26 cents per share. 
    * Revenue rose 5.2% to $34.91 million from a year ago;
analysts
expected $34.84 million. 
    * Spok Holdings Inc's reported EPS for the quarter was 21
cents​.
    * The company reported quarterly net income of $4.24
million.
    * Spok Holdings Inc shares had fallen by 1.4% this
quarter and
gained 1.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 62.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the wireless
telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Spok Holdings Inc
is $18.00 
This summary was machine generated from LSEG data May 2 at 10:46
a.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.26           0.21           Missed
 Dec. 31 2023      0.13           0.17           Beat
 Sep. 30 2023      0.18           0.22           Beat
 Jun. 30 2023      0.23           0.23           Met