Ucloudlink Group Inc expected to post earnings of 5 cents a share - Earnings Preview

Ucloudlink

12/03/2024 13:16

* Ucloudlink Group Inc  UCL.OQ   UCL.O  is expected to show
a rise
in quarterly revenue when it reports  results on March 14 for
the period ending December 31 2023
    * The  Hong Kong-based   company is expected to report a
20.3% increase in revenue to $23.6 million from $19.61 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.The company's guidance on November 15 2023, for the
period ended December 31, was for revenue between $22.00 million
and $26.20 million.
    * ​LSEG's mean analyst estimate for Ucloudlink Group Inc is
for
earnings of 5 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ucloudlink
Group
Inc is $9.50​, above​ its last closing price of $1.58. ​​​

This summary was machine generated March 12 at 13:16 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)