Comtech Telecommunications (CMTL) to Release Earnings on Monday

Comtech Telecommunications (NASDAQ:CMTL) is projected to release its earnings data before the market opens on Monday, March 17th. Analysts expect Comtech Telecommunications to post earnings of ($0.38) per share and revenue of $117.00 million for the quarter.

Comtech Telecommunications (NASDAQ:CMTL) last posted its quarterly earnings results on Monday, January 13th. The communications equipment provider reported ($1.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.88). Comtech Telecommunications had a negative return on equity of 8.76% and a negative net margin of 48.97%. On average, analysts expect Comtech Telecommunications to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Comtech Telecommunications Stock Down 0.9 %

NASDAQ:CMTL opened at $1.72 on Monday. The company has a market cap of $50.03 million, a P/E ratio of -0.17 and a beta of 1.55. Comtech Telecommunications has a fifty-two week low of $1.53 and a fifty-two week high of $5.90. The firm’s 50 day moving average is $2.57 and its two-hundred day moving average is $3.19.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Comtech Telecommunications to a “sell” rating in a research note on Thursday, January 2nd.

Comtech Telecommunications Company Profile

Comtech Telecommunications Corp., together with its subsidiaries, engages in the provision of next-gen telecommunication solutions in the United States and internationally. The company’s Satellite and Space Communications segment offers satellite ground station technologies, services and system integration that facilitates the transmission of voice, video, and data over GEO, MEO and LEO satellite constellations, including solid-state and traveling wave tube power amplifiers, modems, VSAT platforms, and frequency converters; and satellite communications and tracking antenna systems, including high precision full motion fixed and mobile X/Y tracking antennas, RF feeds, reflectors, and radomes.