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On Wednesday, Lantronix (NASDAQ:LTRX) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Based on Lantronix management projections, analysts predict EPS of 1 cent on revenue of $11.3 million.
In the same quarter last year, Lantronix announced EPS of 2 cents on revenue of $11.04 million. The analyst consensus estimate would represent a 50 percent decrease in the company's earnings. Sales would be have grown 2.32 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 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.02 | 0.01 | -0.01 | -0.02 |
| EPS Actual | 0.04 | 0.04 | 0.02 | 0.02 |
Stock Performance
Over the last 52-week period, shares are up 102.46 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The most common rating by analysts on Lantronix stock is a Buy. The strength of this rating has maintained conviction over the past three months.
Conference Call
Lantronix's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://www.lantronix.com/
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.
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