On Tuesday, September 29, Comtech Telecomms CMTL will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Analysts are predicting Comtech Telecomms will report a loss of $0.11 per share on revenue of $142.39 million. In the same quarter last year, Comtech Telecomms reported earnings per share of $0.29 on sales of $176.37 million. The Wall Street consensus estimate for earnings per share would represent a 137.93% decrease for the company. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | 0.22 | 0.16 | 0.10 |
| EPS Actual | 0.05 | 0.32 | 0.32 | 0.29 |
| Revenue Estimate | 148.83 M | 170.25 M | 167.56 M | 164.89 M |
| Revenue Actual | 135.12 M | 161.65 M | 170.27 M | 176.37 M |
Stock Performance
Over the last 52-week period, shares are down 56.07%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Comtech Telecomms is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/kvvfktvv
© 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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