Turtle Beach Corp expected to post a loss of 34 cents a share - Earnings Preview

Turtle Beach

05/08/2023 03:01

* Turtle Beach Corp  HEAR.OQ   HEAR.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 7. 
    * The White Plains New York-based  company is expected to
report 
a 22.1% increase in revenue to $50.428 million from $41.3
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Turtle Beach Corp
is for
a loss of 34 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 $11.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.37       -0.41      -0.27     Beat    33.9
 Dec. 31 2023  0.19        0.21       0.10      Missed  -51.6
 Sep. 30 2022  -0.33       -0.37      -0.47     Missed  -25.9​
 Jun. 30 2022  -0.47       -0.47      -0.77     Missed  -65
 ​​Mar.        -0.53       -0.52      -0.39     Beat    25.3
 31 2022                                                
 Dec. 31 2021  0.23        0.23       0.16      Missed  -28.9​
 Sep. 30 2021  0.05        0.05       0.26      Beat    457.1
 Jun. 30 2021  -0.10       -0.10      0.14      Beat    236.8
 This summary was machine generated August 5 at 02:00 GMT.  All
figures in US dollars  unless otherwise stated