Turtle Beach Corp expected to post a loss of 37 cents a share - Earnings Preview

Turtle Beach

02/11/2022 02:11

* Turtle Beach Corp  HEAR.OQ   HEAR.O  is expected to show a
fall
in quarterly revenue when it reports  results on November 3. 
    * The White Plains New York-based  company is expected to
report 
a 36.7% decrease in revenue to $54.017 million from $85.31
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 37 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $15.5​, above​ its last closing price of $7.64. ​​​

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 2022  -0.47       -0.47      -0.77     Missed  -65
 Mar. 31 2022  -0.53       -0.52      -0.40     Beat    23.4
 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.        -0.10       -0.10      0.14      Beat    236.8
 30 2021                                                
 Mar. 31 2021  0.46        0.46       0.52      Beat    14​
 Dec. 31 2020  0.78        0.78       0.84      Beat    7.4
 Sep. 30 2020  0.26        0.23       1.05      Beat    348.7
 This summary was machine generated November 2 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated