On Thursday, Dec. 20, CalAmp CAMP will report its last quarter's earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
Wall Street analysts see CalAmp reporting earnings of 30 cents per share on revenue of $96.12 million.
CalAmp earnings in the same period a year ago was 31 cents. Quarterly sales came in at $93.66 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be down 3.23 percent. Revenue would be have grown 2.62 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 0.28 | 0.28 | 0.29 | 0.29 |
| EPS Actual | 0.31 | 0.29 | 0.3 | 0.31 |
Stock Performance
Over the last 52-week period, shares are down 39.03 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on CalAmp stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
CalAmp is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: https://investor.calamp.com/events-and-presentations/default.aspx
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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