Synchronoss Technologies Inc expected to post earnings of 1cent a share - Earnings Preview

Synchronoss Technologies

05/03/2022 01:25

* Synchronoss Technologies Inc  SNCR.OQ   SNCR.O  is
expected
to show a rise in quarterly revenue when it reports  results on
March 8. 
    * The Bridgewater New Jersey-based  company is expected to
report 
a 4.2% increase in revenue to $72.31 million from $69.38 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 earnings of 1 cent per share. For the same quarter
last year, the company reported a loss of 19 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $5.88​, about 75.1% above​ its last closing
price of $1.46. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.03       -0.03      0.09      Beat    406.9
 Jun. 30 2021  -0.27       -0.22      -0.27     Missed  -20.9
 Mar. 31 2021  -0.13       -0.14      -0.33     Missed  -127.6
                                                        ​
 Dec. 31 2020  -0.16       -0.20      -0.19     Beat    6.6
 ​​Sep.        -0.24       -0.25      0.04      Beat    116
 30 2020                                                
 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. 31 2019  -0.44       -0.42      -0.06     Beat    85.8
 This summary was machine generated March 5 at 01:23 GMT.  All
figures in US dollars  unless otherwise stated