ATN International Inc reports results for the quarter ended June 30 - Earnings Summary

• ATN International Inc ATNI.OQ reported a quarterly adjusted loss of 56 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 50 cents. The mean expectation of two analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -54 cents to -7 cents per share.

• Revenue fell 1.1% to $181.30 million from a year ago; analysts expected $184.67 million.

• ATN International Inc's reported EPS for the quarter was a loss of 56 cents​.

• The company reported a quarterly loss of $7.03 million.

• ATN International Inc shares had risen by 2.2% this quarter and lost 1.2% so far this year.

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 "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."

• Wall Street's median 12-month price target for ATN International Inc is $29.00, about 42.7% above its last closing price of $16.61

This summary was machine generated from LSEG data August 8 at 05:08 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)