Mercury Systems Inc reports results for the quarter ended December 31 - Earnings Summary

• Mercury Systems Inc MRCY.OQ reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -42 cents. The mean expectation of eight analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -12 cents to 6 cents per share.

• Revenue rose 13% to $223.13 million from a year ago; analysts expected $182.41 million.

• Mercury Systems Inc's reported EPS for the quarter was a loss of 30 cents​.

• The company reported a quarterly loss of $17.58 million.

• Mercury Systems Inc shares had fallen by 0.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 25.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the aerospace & defense peer group is also "hold"

Wall Street's median 12-month price target for Mercury Systems Inc is $37.00

This summary was machine generated from LSEG data February 4 at 10:01 p.m. UTC. ​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)