CommScope Holding Company Inc expected to post earnings of 31 cents a share - Earnings Preview

Reuters
2024-11-06

* CommScope Holding Company Inc is expected to show a fall in quarterly revenue when it reports results on November 7 for the period ending January 1 0001

* The Claremont North Carolina-based company is expected to report a 11.1% decrease in revenue to $1.422 billion from $1.6 billion a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for CommScope Holding Company Inc is for earnings of 31 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 7 "hold" and 2 "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 CommScope Holding Company Inc is 2.60​, below​ its last closing price of $6.64. ​​​

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

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.01 -0.01 0.34 Beat 2,366.

7

Mar. 31 0001 -0.24 -0.23 -0.08 Beat 65.4

Dec. 31 2023 0.06 0.06 -0.02 Missed -136.4

Sep. 30 2023 0.14 0.17 0.13 Missed -25.2

​​Jun. 0.37 0.37 0.19 Missed -48.3

30 2023

Mar. 31 2023 0.33 0.33 0.35 Beat 5.6​

Dec. 31 2022 0.49 0.49 0.49 Met -0.5

Sep. 30 2022 0.46 0.46 0.50 Beat 7.6

This summary was machine generated November 6 at 14:04 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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