Startek Inc reports results for the quarter ended in June - Earnings Summary

Startek

10/08/2023 22:39

* Startek Inc  SRT.N  reported quarterly adjusted earnings
of 4
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
7 cents per share.
    * Revenue fell 45.6% to $91.20 million from a year ago;
analysts
expected $87.77 million. 
    * Startek Inc's reported EPS for the quarter was 16 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Startek Inc shares had risen by 7.5% this quarter and
lost 16.3%
so far this year.
    * The company reported quarterly net income of $6.54
million.
    * Wall Street's median 12-month price target for Startek Inc
is
$5.25 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 09:39 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.07           0.04           Missed
 Mar. 31 2023      0.07           0.06           Missed
 Dec. 31 2022      0.12           0.31           Beat
 Sep. 30 2022      0.11           0.11           Met