Synchronoss Technologies Inc expected to post breakeven results a share - Earnings Preview

Synchronoss Technologies

04/11/2023 03:06

* Synchronoss Technologies Inc  SNCR.OQ   SNCR.O  is
expected
to show a rise in quarterly revenue when it reports  results 
    * The Bridgewater New Jersey-based  company is expected to
report 
a 2.7% increase in revenue to $61.496 million from $59.9 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Synchronoss
Technologies
Inc is for breakeven results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $3.5​, above​ its last closing price
of $0.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.03       -0.03      -0.03     Met     0
 Mar. 31 2023  -0.02       -0.02      -0.08     Missed  -300
 Dec. 31 2022  0.09        0.06       -0.08     Missed  -227​
 Sep. 30 2022  0.09        0.04       0.04      Met     14.3
 ​​Jun.        0.03        0.03       0.10      Beat    263.6
 30 2022                                                
 Mar. 31 2022  0.03        0.03       0.02      Missed  -20.8​
 Dec. 31 2021  -0.01       0.01       0.06      Beat    350.1
 Sep. 30 2021  -0.03       -0.03      0.09      Beat    406.9
 This summary was machine generated November 4 at 03:06 GMT.  All
figures in US dollars  unless otherwise stated