Earnings Outlook For Synacor

Comments
Loading...

On Tuesday, August 11, Synacor SYNC will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Synacor EPS will likely be near $-0.09 while revenue will be around $18.50 million, according to analysts. In the same quarter last year, Synacor reported EPS of $-0.05 on revenue of $31.85 million. If the company were to match the consensus estimate, earnings would be down 80.0%. Here's how the Synacor's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.10 -0.04 -0.07 -0.05
EPS Actual -0.08 0 -0.03 -0.05
Revenue Estimate 22.45 M 26.37 M 29.38 M 32.29 M
Revenue Actual 20.58 M 26.81 M 31.37 M 31.85 M

Stock Performance

Over the last 52-week period, shares are up 6.11%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Synacor is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.synacor.com%2Finvestor-relations%2Fevents-and-presentations%2F&eventid=2402372&sessionid=1&key=3EC33ECC1E1E1A220DE71F79D3DE2BEE&regTag=&sourcepage=register

Market News and Data brought to you by Benzinga APIs

Posted In: