Comtech Telecommunications Corp CMTL.OQ CMTL.O is expected to show a fall in quarterly revenue when it reports results on December 5 (estimated) for the period ending October 31 2024
The Chandler Arizona-based company is expected to report a 17.4% decrease in revenue to $125.525 million from $151.91 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on October 31 2024, for the period ended October 31, was for revenue of $126.191 million.
LSEG's mean analyst estimate for Comtech Telecommunications Corp is for a loss of 16 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Comtech Telecommunications Corp is $8.00, above its last closing price of $3.69.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jul. 31 2024 | 0.06 | -0.35 | Missed | -683.3 | |
Apr. 30 2024 | 0.03 | 0.08 | 0.20 | Beat | 150 |
Jan. 31 2024 | 0.18 | 0.22 | -0.15 | Missed | -168.2 |
Oct. 31 2023 | 0.25 | 0.26 | 0.24 | Missed | -7.7 |
Jul. 31 2023 | 0.17 | 0.29 | Beat | 74 | |
Apr. 30 2023 | 0.14 | 0.15 | 0.11 | Missed | -24.1 |
Jan. 31 2023 | -0.09 | -0.09 | -0.23 | Missed | -167.4 |
Oct. 31 2022 | -0.07 | -0.10 | -0.46 | Missed | -355.4 |
This summary was machine generated December 3 at 11:01 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)
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