Recap: Mercury Systems Q1 Earnings

Mercury Systems MRCY reported its Q1 earnings results on Tuesday, November 2, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Mercury Systems their estimated earnings by 2.5%, reporting an EPS of $0.41 versus an estimate of $0.4, which did not surprise analysts.

Revenue was up $19,392,000 from the same period last year.

Last quarter the company beat on EPS by $0.06, which was followed by a 12.05% drop in the share price the next day.

Here's a look at Mercury Systems's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.67	0.62	0.51	0.47
EPS Actual	0.73	0.64	0.54	0.51
Revenue Estimate	243.06M	253.20M	209.67M	199.61M
Revenue Actual	250.84M	256.86M	210.68M	205.62M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Mercury Systems management provided guidance for their next quarter, expecting earnings between $0.38 and $0.41 per share for the nextquarter.

This represents a -3.66% in quarter-over-quarter growth for Mercury Systems, a bearish signal to many investors.

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