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Comtech Telecomms (NASDAQ:CMTL) releases its next round of earnings Wednesday. Here's Benzinga's essential guide to Comtech Telecomms' Q2 earnings report.
Earnings and Revenue
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Analysts covering Comtech Telecomms have modeled for quarterly EPS loss of 8 cents on revenue of $124.65 million.
Comtech Telecomms reported a per-share profit of 1 cents when it published results during the same quarter last year. Sales in that period totaled $139 million. The Wall Street consensus estimate for earnings would represent a 900 percent decrease for the company. Sales would have fallen 10.34 percent from the same quarter last year.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | -0.29 | 0.29 | 0.06 | -0.11 |
| EPS Actual | -0.07 | 0.31 | 0.13 | 0.01 |
Stock Performance
For a full 12 months, the return has risen by 110.15 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on Comtech Telecomms stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.