On Thursday, August 06, Digi International DGII will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Digi International earnings will be near $0.02 per share on sales of $69.26 million, according to analysts. Digi International EPS in the same period a year ago totaled $0.050. Sales were $61.17 million. The analyst consensus estimate would represent a 60.0% decrease in the company's earnings. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.01 | 0.06 | 0.04 |
| EPS Actual | 0.28 | 0.15 | 0.18 | 0.05 |
| Revenue Estimate | 74.06 M | 60.67 M | 62.07 M | 62.64 M |
| Revenue Actual | 73.45 M | 62.32 M | 64.96 M | 61.17 M |
Stock Performance
Over the last 52-week period, shares are down 3.9%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Digi International is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/5h9w6jn6
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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