Comtech Telecom Q3 Adj. EPS $0.11 Misses $0.14 Estimate, Sales $136.32M Beat $135.99M Estimate
Portfolio Pulse from Happy Mohamed
Comtech Telecom reported Q3 losses of $(0.33) per share, missing the analyst consensus estimate of $0.14 by 335.71%. Sales were $136.30M, beating the estimate of $135.99M by 0.23%.
June 08, 2023 | 8:06 pm
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Comtech Telecom's Q3 earnings missed estimates with a loss of $(0.33) per share, while sales beat estimates at $136.30M.
Comtech Telecom's Q3 earnings report showed a significant miss in earnings per share, which is likely to negatively impact the stock price in the short term. However, the company did beat sales estimates, which may provide some support to the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100