Synchronoss Technologies Inc expected to post a loss of 14  cents a share - Earnings Preview

Synchronoss Technologies

07/05/2021 21:37

* Synchronoss Technologies Inc  SNCR.OQ   SNCR.O  is expected
to show a fall in quarterly revenue when it reports results on
May 10 .
* The Bridgewater, New Jersey-based company is expected to
report   a 17.7% decrease in revenue to $63.448 million from
$77.12 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Synchronoss
Technologies Inc is for a loss of 14 cents per share. For the
same quarter last year, the company reported earnings of 6 cents
per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "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 Synchronoss
Technologies Inc is $8.2​, about 62% above​ its last closing
price of $3.12. ​​​
* 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  -0.16       -0.20      -0.19     Beat    6.6
 Sep. 30 2020  -0.24       -0.25      0.04      Beat    116
 Jun. 30 2020  -0.22       -0.21      0.16      Beat    174.4​
 Mar. 31 2020  -0.44       -0.42      0.06      Beat    114.3
 Dec.          -0.44​      -0.42      -0.06     Beat    85.8​
 31​ 2019​                                              
 Sep. 30 2019  -0.38       -0.40      -0.62     Missed  -55​
 Jun. 30 2019  -0.46       -0.47      -0.28     Beat    40.4
 Mar. 31 2019  -0.43       -0.43      -0.36     Beat    17.2
 This summary was machine generated May 7 at 20:37 GMT.  All
figures in US dollars unless otherwise stated