CommScope Holding Company Inc reports results for the quarter ended September 30 - Earnings Summary

• CommScope Holding Company Inc COMM.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of nine analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 12 cents to 41 cents per share.

• Revenue fell 32.3% to $1.08 billion from a year ago; analysts expected $1.42 billion.

• CommScope Holding Company Inc's reported EPS for the quarter was a loss of 23 cents​.

• The company reported a quarterly loss of $49.4 million.

• CommScope Holding Company Inc shares had fallen by 14.9% this quarter and gained 84.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 9% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the communications & networking peer group is also "hold"

Wall Street's median 12-month price target for CommScope Holding Company Inc is $4.00

This summary was machine generated from LSEG data November 8 at 04:32 p.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)