Synchronoss Technologies Inc expected to post earnings of 32 cents a share - Earnings Preview

Synchronoss Technologies

08/11/2024 22:28

* Synchronoss Technologies Inc  SNCR.OQ   SNCR.O  is
expected
to show a fall in quarterly revenue when it reports  results on
November 12 for the period ending September 30 2024
    * The Bridgewater New Jersey-based  company is expected to
report
a 22.2% decrease in revenue to $43.285 million from $55.65
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Synchronoss Technologies
Inc
is for earnings of 32 cents 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 $20.00​, above​ its last closing price
of $11.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.08        0.07       0.48      Beat    638.5
 Mar. 31 0001  -0.58       -0.50      0.44      Beat    188
 Dec. 31 2023  0.06        -0.10      -0.85     Missed  -709.5
                                                        ​
 Sep. 30 2023  -0.06       -0.04      0.45      Beat    1,100
 ​​Jun.        -0.24       -0.27      -0.27     Met     0
 30 2023                                                
 Mar. 31 2023  -0.20       -0.18      -0.72     Missed  -300​
 Dec. 31 2022  0.78        0.57       -0.72     Missed  -227
 Sep. 30 2022  0.80        0.32       0.36      Beat    14.3
 This summary was machine generated November 8 at 22:28 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)