TESSCO Technologies (TESS) Scheduled to Post Earnings on Tuesday

TESSCO Technologies (NASDAQ:TESS) will be releasing its earnings data after the market closes on Tuesday, January 23rd. Analysts expect TESSCO Technologies to post earnings of $0.25 per share for the quarter.

TESSCO Technologies (NASDAQ:TESS) last announced its quarterly earnings data on Monday, October 23rd. The communications equipment provider reported $0.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.11. The business had revenue of $145.08 million during the quarter, compared to analysts’ expectations of $141.97 million. TESSCO Technologies had a return on equity of 3.09% and a net margin of 0.51%. On average, analysts expect TESSCO Technologies to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TESSCO Technologies (NASDAQ TESS) opened at $20.30 on Friday. The stock has a market capitalization of $170.91, a price-to-earnings ratio of 59.71 and a beta of 1.31. TESSCO Technologies has a one year low of $12.15 and a one year high of $23.65.

TESS has been the subject of several recent analyst reports. Zacks Investment Research cut TESSCO Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. TheStreet upgraded TESSCO Technologies from a “c+” rating to a “b-” rating in a research note on Monday, December 11th.

TRADEMARK VIOLATION WARNING: This story was originally reported by TrueBlueTribune and is the property of of TrueBlueTribune. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and international copyright & trademark law. The legal version of this story can be accessed at https://www.truebluetribune.com/2018/01/21/tessco-technologies-tess-scheduled-to-post-earnings-on-tuesday.html.

About TESSCO Technologies

TESSCO Technologies Incorporated architects and delivers the product and value chain solutions to organizations responsible for building, operating, maintaining and reselling cellular, mobile communications, wireless-fidelity (Wi-Fi), machine-to-machine, Internet of Things and wireless backhaul systems.

Earnings History for TESSCO Technologies (NASDAQ:TESS)

Receive News & Ratings for TESSCO Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TESSCO Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply