Lantronix Inc LTRX.OQ LTRX.O is expected to show a fall in quarterly revenue when it reports results on February 6 for the period ending December 31 2024
The Irvine California-based company is expected to report a 16.2% decrease in revenue to $31.036 million from $37.04 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $29.00 million and $33.00 million.
LSEG's mean analyst estimate for Lantronix Inc is for earnings of 3 cents per share. The company's EPS guidance on November 7 2024, for the period ended December 31, was between $0.01 and $0.05
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "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 Lantronix Inc is $5.50, above its last closing price of $3.76.
The company's guidance on November 7 2024 for the period ended December 31 was for gross profit margin between USD41% and USD43%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.09 | 0.09 | 0.06 | Missed | -31.8 |
Jun. 30 2024 | 0.15 | 0.15 | 0.15 | Met | -2.6 |
Mar. 31 2024 | 0.10 | 0.10 | 0.11 | Beat | 12.2 |
Dec. 31 2023 | 0.08 | 0.08 | 0.08 | Met | -2.4 |
Sep. 30 2023 | 0.03 | 0.03 | 0.07 | Beat | 169.2 |
Jun. 30 2023 | 0.06 | 0.06 | 0.06 | Met | -3.2 |
Mar. 31 2023 | 0.07 | 0.07 | 0.06 | Missed | -10.4 |
Dec. 31 2022 | 0.02 | 0.03 | 0.04 | Beat | 47.1 |
This summary was machine generated February 4 at 21:15 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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