Synchronoss Technologies Inc expected to post earnings of 7 cents a share - Earnings Preview

Synchronoss Technologies

03/08/2024 24:54

* Synchronoss Technologies Inc  SNCR.OQ   SNCR.O  is
expected
to show a fall in quarterly revenue when it reports  results on
August 6 for the period ending January 1 0001
    * The Bridgewater New Jersey-based  company is expected to
report
a 27.8% decrease in revenue to $43.138 million from $59.71
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 7 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 $10.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.58       -0.50      0.44      Beat    188
 Jan. 1 2024   0.06        -0.10      -0.85     Missed  -709.5
 Jan. 1 0001               -0.04      0.45      Beat    1,100​
 Jun. 30 2023              -0.27      -0.27     Met     0
 ​​Jan.        -0.20       -0.18      -0.72     Missed  -300
 1 0001                                                 
 Jan. 1 0001   0.78        0.57       -0.72     Missed  -227​
 Jan. 1 0001   0.80        0.32       0.36      Beat    14.3
 Jan. 1 0001   0.29        0.25       0.90      Beat    263.6
 This summary was machine generated August 2 at 23:53 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)