NETGEAR Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
06 Feb
<a href="https://laohu8.com/S/NTGR">NETGEAR Inc</a> reports results for the quarter ended December 31 - Earnings Summary
  • NETGEAR Inc NTGR.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of two analysts for the quarter was for a loss of 24 cents per share.

  • Revenue fell 3.3% to $182.42 million from a year ago; analysts expected $167.47 million.

  • NETGEAR Inc's reported EPS for the quarter was a loss of 31 cents​.

  • The company reported a quarterly loss of $8.89 million.

  • NETGEAR Inc shares had risen by 1.4% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged 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 "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for NETGEAR Inc is $22.00

This summary was machine generated from LSEG data February 5 at 10:48 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-0.24

-0.06

Beat

Sep. 30 2024

-0.04

0.17

Beat

Jun. 30 2024

-0.81

-0.74

Beat

Mar. 31 2024

-0.28

-0.28

Met

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