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

Startek

09/11/2022 22:01

* Startek Inc  SRT.N  reported quarterly adjusted earnings
of 11
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
11 cents per share.
    * Revenue fell 5.6% to $163.14 million from a year ago;
analysts
expected $173.01 million. 
    * Startek Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had risen by
about 10% 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 14.7% this quarter and
lost 34.1% so far this year.
    * The company reported quarterly net income of $243
thousand.
    * Wall Street's median 12-month price target for Startek Inc
is
$5.50 
    * 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 Refinitiv data November
9 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.11           0.11           Met
 Jun. 30 2022      0.07           0.13           Beat
 Mar. 31 2022      0.05           0.05           Met
 Dec. 31 2021      0.06           0.25           Beat