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.
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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.
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