Spok Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Spok Holdings

31/10/2024 03:04

* Spok Holdings Inc  SPOK.OQ  reported quarterly adjusted
earnings
of 18 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of 22 cents.  The mean expectation of two analysts for the
quarter was for earnings of 18 cents per share. Wall Street
expected results to range from 16 cents to 19 cents per share.
    * Revenue fell 1.6% to $34.87 million from a year ago;
analysts
expected $34.77 million. 
    * Spok Holdings Inc's reported EPS for the quarter was 18
cents​.
    * The company reported quarterly net income of $3.66
million.
    * Spok Holdings Inc shares had fallen by 0.1% this
quarter and
lost 2.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.8%
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," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the wireless
telecommunications services peer group is  "hold."

Wall Street's median 12-month price target for Spok Holdings Inc
is $16.50 
This summary was machine generated from LSEG data October 31 at
03:04 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
 Sep. 30 2024      0.18           0.18           Met
 Jun. 30 2024      0.19           0.17           Missed
 Mar. 31 2024      0.26           0.21           Missed
 Dec. 31 2023      0.13           0.17           Beat