Lantronix LTRX will be releasing its next round of earnings this Thursday, September 10. For all of the relevant information, here is your guide for Thursday's Q4 earnings announcement.
Earnings and Revenue
Analysts covering Lantronix modeled for quarterly EPS of $0.03 on revenue of $17.20 million. Lantronix also reported a per-share profit of $0.03 when it published results during the same quarter last year. Sales in that period totaled $10.15 million. The analyst consensus estimate would represent no change in the company's earnings on a year over year basis. Here's how the Lantronix's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
|---|---|---|---|---|
| EPS Estimate | 0 | 0.04 | -0.01 | 0.03 |
| EPS Actual | 0.02 | 0.03 | 0 | 0.03 |
| Revenue Estimate | 16.10 M | 13.00 M | 12.50 M | 11.80 M |
| Revenue Actual | 16.51 M | 13.23 M | 12.74 M | 10.15 M |
Stock Performance
Over the last 52-week period, shares are up 41.18%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Lantronix is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/ltrx/mediaframe/39500/indexr.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
