Telos Corp expected to post a loss of 14 cents a share - Earnings Preview

Telos

07/08/2024 16:53

* Telos Corp  TLS.OQ   TLS.O  is expected to show a fall in
quarterly revenue when it reports  results on August 9 for the
period ending June 30 2024
    * The Ashburn Virginia-based  company is expected to report
a
19.6% decrease in revenue to $26.454 million from $32.91 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.The company's guidance on May 10 2024, for
the period ended June 30, was for revenue between $25.00 million
and $28.00 million.
    * ​LSEG's mean analyst estimate for Telos Corp is for a loss
of 14
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 Telos Corp
is
$5.50​, above​ its last closing price of $3.86. ​​​

The company's guidance on May 10 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 25 million and -6 million (USD).
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  -0.11       -0.11      -0.08     Beat    29.1
 Dec. 31 2024              -0.12      -0.09     Beat    24.7
 Sep. 30 2023  -0.13       -0.13      -0.07     Beat    48.1​
 Jun. 30 2023  -0.13       -0.13      -0.03     Beat    77
 ​​Mar.        -0.13       -0.13      -0.04     Beat    68.3
 31 2023                                                
 Dec. 31 2022  -0.01       -0.01      0.05      Beat    645.3​
 Jan. 1 0001   0.02        0.02       0.10      Beat    421.6
 Jun. 30 2022  -0.03       -0.03      0.04      Beat    236.4
 This summary was machine generated August 7 at 15:53 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)