Alarm.com Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Alarm.com Holdings Inc ALRM.OQ reported quarterly adjusted earnings of 58 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 62 cents. The mean expectation of nine analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 41 cents to 62 cents per share.

• Revenue rose 7.1% to $242.24 million from a year ago; analysts expected $237.42 million.

• Alarm.com Holdings Inc's reported EPS for the quarter was 56 cents​.

• The company reported quarterly net income of $30.33 million.

• Alarm.com Holdings Inc shares had fallen by 0.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 5 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Alarm.com Holdings Inc is $75.50

This summary was machine generated from LSEG data February 21 at 04:46 a.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)