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

Tessco Technologies

26/07/2022 23:05

* TESSCO Technologies Inc  TESS.OQ  reported quarterly
adjusted
earnings of 6 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for a loss of 13
cents per share.
    * Revenue rose 6.9% to $112.16 million from a year ago;
analysts
expected $107.57 million. 
    * TESSCO Technologies Inc's reported EPS for the quarter was
a
loss of 3 cents​.
    * 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 2.5% this
quarter and lost 8.7% so far this year.
    * The company reported a quarterly loss of $275.1 million.
    * 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 July 26
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.13          0.06           Beat
 Mar. 31 2022      -0.21          -0.12          Beat
 Dec. 31 2021      -0.13          0.14           Beat
 Sep. 30 2021      -0.18          -0.14          Beat