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

Ucloudlink

22/11/2024 13:44

* Ucloudlink Group Inc  UCL.OQ   UCL.O  is expected to show
a rise
in quarterly revenue when it reports  results on November 26 for
the period ending September 30 2024
    * The  Hong Kong-based   company is expected to report a
9.2% increase in revenue to $26.05 million from $23.86 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.The company's guidance on August 14 2024, for the
period ended September 30, was for revenue between $24.00
million and $28.00 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 $9.00​, above​ its last closing price of $1.25. ​​​

This summary was machine generated November 22 at 13:44 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)