CalAmp: Q2 Earnings Insights

CalAmpCAMP stock fell by 3.5% on Friday after the company reported its Q2 earnings results on Thursday, September 23, 2021 at 04:09 PM.

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

CalAmp beat their estimated earnings by 33.33%, which surprised analysts.

Revenue was up $4,526,000 from the same period last year.

Last quarter the company beat on EPS by $0.01, which was followed by a 11.73% drop in the share price the next day.

Here's a look at CalAmp's past performance and the resulting price change:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.06	0.07	0.05	0.02	0
EPS Actual	0.08	0.08	0.14	0.07	-0.03
Price Change %	-3.5%	-11.73%	21.92%	-10.19%	-7.1%

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).

CalAmp earnings and revenue guidance hasn't been issued for now.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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