Tessco Technologies Inc Expected To Post A Loss Of 24 Cents A Share: Earnings Preview

Tessco Technologies

07/05/2021 22:02

* TESSCO Technologies Inc  TESS.OQ   TESS.O  is expected to show
a fall in quarterly revenue when it reports results on May 10 .
* The Hunt Valley, Maryland-based company is expected to report 
 a 21.8% decrease in revenue to $100.249 million from $128.18
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for TESSCO Technologies Inc
is for a loss of 24 cents per share. For the same quarter last
year, the company reported a loss of $1.65 per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  -0.32       -0.32      -0.66     Missed  -106.2
 Sep. 30 2020  -0.34       -0.34      -0.03     Beat    91.2
 Jun. 30 2020  -0.59       -0.59      -0.54     Beat    8.5​
 Mar. 31 2020  -0.05       -0.05      -1.65     Missed  -3,200
 Dec.          0.13​       0.13       -0.59     Missed  -553.8
 31​ 2019​                                              ​
 Sep. 30 2019  0.18        0.18       0.00      Missed  -100​
 Jun. 30 2019  -0.02       -0.02      -0.24     Missed  -1,100
 Mar. 31 2019  0.16        0.16       0.06      Missed  -62.5
 This summary was machine generated May 7 at 21:02 GMT.  All
figures in US dollars unless otherwise stated