Aviat Networks Inc expected to post a loss of 3 cents a share - Earnings Preview

Reuters
2024-10-28

* Aviat Networks Inc is expected to show a rise in quarterly revenue when it reports results on October 30 (estimated) for the period ending September 30 2024

* The Austin Texas-based company is expected to report a 7.6% increase in revenue to $94.21 million from $87.57 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Aviat Networks Inc is for a loss of 3 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 11.7% in the last three months. ​

* Wall Street's median 12-month price target for Aviat Networks Inc is $44.00​, above​ its last closing price of $20.66. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.63 0.69 0.72 Beat 3.6

Jan. 1 2024 0.53 0.51 0.73 Beat 43.6

Jan. 1 0001 0.84 0.88 0.97 Beat 10.8​

Sep. 30 2023 0.76 0.77 0.87 Beat 12.7

​​Jun. 0.87 0.86 0.87 Beat 0.8

30 2023

Mar. 31 2023 0.75 0.75 0.75 Met -0.3​

Dec. 31 2022 0.78 0.79 0.94 Beat 18.7

Jan. 1 0001 0.70 0.71 0.75 Beat 5.3

This summary was machine generated October 28 at 13:05 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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