Iridium Communications Inc <IRDM.OQ> expected to post earnings of 16 cents a share - Earnings Preview
Iridium Communications Inc IRDM.OQ IRDM.O is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024
The Mclean Virginia-based company is expected to report a 4.9% increase in revenue to $204.21 million from $194.74 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.
LSEG's mean analyst estimate for Iridium Communications Inc is for earnings of 16 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "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 Iridium Communications Inc is $40.00, above its last closing price of $27.97.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.20 | 0.20 | 0.21 | Beat | 6.1 |
Jun. 30 2024 | 0.14 | 0.17 | 0.27 | Beat | 55.7 |
Mar. 31 2024 | 0.15 | 0.15 | 0.16 | Beat | 5.1 |
Dec. 31 2023 | 0.02 | 0.03 | 0.29 | Beat | 812 |
Sep. 30 2023 | 0.03 | 0.03 | -0.01 | Missed | -135.7 |
Jun. 30 2023 | 0.04 | 0.04 | -0.24 | Missed | -759.3 |
Mar. 31 2023 | 0.01 | 0.00 | 0.08 | Beat | 2,279.8 |
Dec. 31 2022 | 0.00 | 0.00 | -0.01 | Missed | -471.4 |
This summary was machine generated February 11 at 13:42 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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