Tessco Technologies Inc Reports Results For The Quarter Ended In December: Earnings Summary

Tessco Technologies

07/02/2023 22:02

* TESSCO Technologies Inc  TESS.OQ  reported quarterly
adjusted
earnings of 5 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was for a
loss of 16 cents per share.
    * Revenue rose 12.1% to $114.88 million from a year ago;
analysts
expected $114.57 million. 
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * TESSCO Technologies Inc shares had fallen by 2.7% this
quarter.
    * 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." 

This summary was machine generated from Refinitiv data February
7 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.16          0.05           Beat
 Sep. 30 2022      -0.13          0.12           Beat
 Jun. 30 2022      -0.13          -0.06          Beat
 Mar. 31 2022      -0.21          -0.12          Beat