Turtle Beach Corp expected to post earnings of 21  cents a share - Earnings Preview

Turtle Beach

25/02/2023 24:42

* Turtle Beach Corp  HEAR.OQ   HEAR.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 28
(estimated). 
    * The White Plains New York-based  company is expected to
report 
a 0.9% increase in revenue to $110.433 million from $109.43
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
earnings of 21 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 $12​, above​ its last closing price of $7.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.33       -0.37      -0.47     Missed  -25.9
 Jun. 30 2022  -0.47       -0.47      -0.77     Missed  -65
 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.        0.05        0.05       0.26      Beat    457.1
 30 2021                                                
 Jun. 30 2021  -0.10       -0.10      0.14      Beat    236.8​
 Mar. 31 2021  0.46        0.46       0.52      Beat    14
 Dec. 31 2020  0.78        0.78       0.84      Beat    7.4
 This summary was machine generated February 25 at 00:42 GMT. 
All figures in US dollars  unless otherwise stated