Market Overview

Pareteum's Q4 Earnings Preview

Share:

On Tuesday, Mar. 12, Pareteum (NYSE: TEUM) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Pareteum's EPS loss is expected to be around 1 cent per share, according to sell-side analysts. Sales will likely be near $12.78 million.

In the same quarter last year, Pareteum reported an EPS loss of 31 cents on revenue of $4 million. Revenue would be have grown 218.31 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   -0.08
EPS Actual 0.01 0.03 -0.04 -0.31

Stock Performance

Over the last 52-week period, shares are up 46.32 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Pareteum stock is a Buy. The strength of this rating has risen over the past 90 days.

Conference Call

Pareteum's Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: http://public.viavid.com/player/index.php?id=133208

Posted-In: Earnings News

 

Related Articles (TEUM)

View Comments and Join the Discussion!

The Daily Biotech Pulse: Zafgen Won't File IND For Metabolic Disorder Drug, Positive Results For Akebia's Anemia Drug

Q4 Earnings Outlook For Sunworks