• Comtech Telecommunications Corp CMTL.OQ reported a quarterly adjusted loss of $1.27​​ per share for the quarter ended October 31, lower than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of four analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -36 cents to -1 cents per share.

• Revenue fell 23.8% to $115.80 million from a year ago; analysts expected $125.53 million.

• Comtech Telecommunications Corp's reported EPS for the quarter was a loss of $5.29​.

• The company reported a quarterly loss of $148.41 million.

• Comtech Telecommunications Corp shares had risen by 3.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 435.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the communications & networking peer group is also "hold"

Wall Street's median 12-month price target for Comtech Telecommunications Corp is $8.00

This summary was machine generated from LSEG data January 13 at 02:30 p.m. UTC. ​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)