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

• Anterix Inc ATEX.OQ reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of two analysts for the quarter was for a loss of 56 cents per share. Wall Street expected results to range from -60 cents to -53 cents per share.

• Revenue rose 23.2% to $1.57 million from a year ago; analysts expected $1.80 million.

• Anterix Inc's reported EPS for the quarter was 41 cents​.

• The company reported quarterly net income of $7.71 million.

• Anterix Inc shares had fallen by 7.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.4% 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the wireless telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Anterix Inc is $87.50

This summary was machine generated from LSEG data February 11 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)