Synchronoss Technologies Inc expected to post earnings of 32 cents a share - Earnings Preview

* Synchronoss Technologies Inc is expected to show a fall in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

* The Bridgewater New Jersey-based company is expected to report a 22.2% decrease in revenue to $43.285 million from $55.65 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Synchronoss Technologies Inc is for earnings of 32 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Synchronoss Technologies Inc is $20.00​, above​ its last closing price of $11.27. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.08 0.07 0.48 Beat 638.5

Mar. 31 0001 -0.58 -0.50 0.44 Beat 188

Dec. 31 2023 0.06 -0.10 -0.85 Missed -709.5

​

Sep. 30 2023 -0.06 -0.04 0.45 Beat 1,100

​​Jun. -0.24 -0.27 -0.27 Met 0

30 2023

Mar. 31 2023 -0.20 -0.18 -0.72 Missed -300​

Dec. 31 2022 0.78 0.57 -0.72 Missed -227

Sep. 30 2022 0.80 0.32 0.36 Beat 14.3

This summary was machine generated November 8 at 22:28 GMT. 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)