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CommScope Holding Company Inc reports results for the quarter ended December 31 - Earnings Summary

CommScope Holding Company Inc COMM.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -2 cents.  The mean expectation of eight analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from -10 cents to 17 cents per share.

Revenue fell 1.4% to $1.17 billion from a year ago; analysts expected $1.11 billion.

CommScope Holding Company Inc's reported EPS for the quarter was a loss of 5 cents​.

The company reported a quarterly loss of $9.9 million.

CommScope Holding Company Inc shares had fallen by 6.1% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 90.9% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and 3 "sell" or "strong sell."

The average consensus recommendation for the communications & networking peer group is also "hold"

Wall Street's median 12-month price target for CommScope Holding Company Inc is $5.00

This summary was machine generated from LSEG data February 26 at 02:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.030.18Beat
Sep. 30 20240.31-0.05Missed
Jun. 30 2024-0.010.34Beat
Mar. 31 2024-0.23-0.08Beat

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