Market Overview

Comtech Telecomms Earnings Preview

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On Wednesday, Comtech Telecomms (NASDAQ: CMTL) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Analysts predict Comtech Telecomms will report earnings of 12 cents per share on revenue of $145.37 million.

In the same quarter last year, Comtech Telecomms reported earnings per share of 13 cents on sales of $127.79 million. The analyst consensus estimate would represent a 7.69 percent decline in the company's EPS figure. Sales would be have grown 13.76 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate -0.08 -0.29 0.29 0.06
EPS Actual 0.07 -0.07 0.31 0.13

 

Stock Performance

Over the last 52-week period, shares are up 114.94 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release. Analyst estimates are adjusted 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.

Posted-In: Earnings News

 

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