Turtle Beach Corp reports results for the quarter ended in December - Earnings Summary

Turtle Beach

13/03/2023 21:01

* Turtle Beach Corp  HEAR.OQ  reported quarterly adjusted
earnings
of 10 cents​​ per share for the quarter ended in December. The
mean expectation of six analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue fell 7.8% to $100.90 million from a year ago;
analysts
expected $110.43 million. 
    * Turtle Beach Corp's reported EPS for the quarter was a
loss of
$1.40​.
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Turtle Beach Corp shares had risen by 2.2% this quarter.
    * The company reported a quarterly loss of $23.23 million.
    * Wall Street's median 12-month price target for Turtle
Beach Corp
is $11.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 13 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.21           0.10           Missed
 Sep. 30 2022      -0.37          -0.47          Missed
 Jun. 30 2022      -0.47          -0.77          Missed
 Mar. 31 2022      -0.52          -0.39          Beat