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

Turtle Beach

04/11/2022 24:06

* Turtle Beach Corp  HEAR.OQ  reported a quarterly adjusted
loss
of 47 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was for a loss
of 37 cents per share.
    * Revenue fell 39.9% to $51.30 million from a year ago;
analysts
expected $54.02 million. 
    * Turtle Beach Corp's reported EPS for the quarter was a
loss
of 73 cents​.
    * The mean earnings estimate of analysts had fallen by
about 222.4% 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 3.5% this
quarter and
lost 68.3% so far this year.
    * The company reported a quarterly loss of $12.01 million.
    * Wall Street's median 12-month price target for Turtle
Beach Corp
is $15.50 
    * 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." 

This summary was machine generated from Refinitiv data November
4 at 12:06 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.37          -0.47          Missed
 Jun. 30 2022      -0.47          -0.77          Missed
 Mar. 31 2022      -0.52          -0.40          Beat
 Dec. 31 2021      0.23           0.16           Missed