Turtle Beach Corp expected to post a loss of 25 cents a share - Earnings Preview

Turtle Beach

04/11/2023 03:05

* Turtle Beach Corp  HEAR.OQ   HEAR.O  is expected to show a
rise
in quarterly revenue when it reports  results 
    * The White Plains New York-based  company is expected to
report 
a 4.4% increase in revenue to $53.567 million from $51.3 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Turtle Beach Corp
is for
a loss of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Turtle
Beach Corp
is $14​, above​ its last closing price of $8.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.34       -0.34      -0.41     Missed  -21.2
 Mar. 31 2023  -0.37       -0.41      -0.27     Beat    33.9
 Dec. 31 2022  0.19        0.21       0.10      Missed  -51.6​
 Sep. 30 2022  -0.33       -0.37      -0.47     Missed  -25.9
 ​​Jun.        -0.47       -0.47      -0.77     Missed  -65
 30 2022                                                
 Mar. 31 2022  -0.53       -0.52      -0.39     Beat    25.3​
 Dec. 31 2021  0.23        0.23       0.16      Missed  -28.9
 Sep. 30 2021  0.05        0.05       0.26      Beat    457.1
 This summary was machine generated November 4 at 03:04 GMT.  All
figures in US dollars  unless otherwise stated