KORE Group Holdings Inc KORE.N, KORE.K is expected to show a fall in quarterly revenue when it reports results on November 19 for the period ending September 30 2024
The Atlanta Georgia-based company is expected to report a 0.9% decrease in revenue to $68 million from $68.63 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for KORE Group Holdings Inc is for a loss of 63 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "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 KORE Group Holdings Inc is 3.00, above its last closing price of $1.88.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | -0.28 | -0.36 | -3.37 | Missed | -823.3 |
Mar. 31 0001 | -0.42 | -0.42 | -0.80 | Missed | -88.2 |
Dec. 31 2023 | -0.27 | -1.70 | Missed | -518.2 | |
Sep. 30 2023 | -0.53 | -0.48 | -1.00 | Missed | -106.9 |
Jun. 30 2023 | -0.37 | -0.47 | -1.20 | Missed | -157.2 |
Mar. 31 2023 | -0.39 | -0.51 | -1.20 | Missed | -134.1 |
Dec. 31 2022 | -0.63 | -0.57 | -0.80 | Missed | -40 |
Jan. 1 0001 | -0.72 | -0.67 | -0.85 | Missed | -25.9 |
This summary was machine generated November 15 at 21:30 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)
