NETGEAR Inc expected to post a loss of 24 cents a share - Earnings Preview

Reuters
2025/02/04
<a href="https://laohu8.com/S/NTGR">NETGEAR Inc</a> <ntgr.oq> expected to post a loss of 24 cents a share - Earnings Preview </ntgr.oq>
  • NETGEAR Inc NTGR.OQ NTGR.O is expected to show a fall in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

  • The San Jose California-based company is expected to report a 11.2% decrease in revenue to $167.467 million from $188.67 million a year ago, according to the estimate from one analyst, based on LSEG data.The company's guidance on October 30 2024, for the period ended December 31, was for revenue between $160.00 million and $175.00 million.

  • ​LSEG's mean analyst estimate for NETGEAR Inc is for a loss of 24 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for NETGEAR Inc is $22.00​, below​ its last closing price of $27.65. ​​​

The company's guidance on October 30 2024 for the period ended December 31 was for Earnings before Interest and Taxes between USD-19.84 million and USD-16.45 million.

This summary was machine generated February 3 at 21:54 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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