Voxx International Corp Reports Results For The Quarter Ended In May: Earnings Summary

VOXX International

10/07/2023 22:01

* VOXX International Corp  VOXX.OQ  reported a quarterly
adjusted
loss of 45 cents​​ per share for the quarter ended in May. The
lone analyst forecast for the quarter was for a loss of 22 cents
per share.
    * Revenue fell 13.1% to $111.93 million from a year ago;
analysts
expected $122.34 million. 
    * VOXX International Corp's reported EPS for the quarter was
a
loss of 45 cents​.
    * The mean earnings estimate of analysts had fallen by
about 450%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * VOXX International Corp shares had risen by 1.3% this
quarter and gained 50.8% so far this year.
    * The company reported a quarterly loss of $10.74 million.
    * Wall Street's median 12-month price target for VOXX
International Corp is $10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
10 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      -0.22          -0.45          Missed
 Feb. 28 2023      0.03           -0.79          Missed
 Nov. 30 2022      0.11           0.30           Beat
 Aug. 31 2022      -0.06          -0.29          Missed