TESSCO Technologies (TESS) to Release Quarterly Earnings on Monday

TESSCO Technologies (NASDAQ:TESS) is set to issue its Q1 quarterly earnings data after the market closes on Monday, July 22nd. Analysts expect the company to announce earnings of ($0.02) per share for the quarter.

TESSCO Technologies (NASDAQ:TESS) last issued its quarterly earnings data on Monday, May 6th. The communications equipment provider reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.10). TESSCO Technologies had a net margin of 0.91% and a return on equity of 5.11%. The business had revenue of $144.96 million for the quarter, compared to the consensus estimate of $147.88 million. On average, analysts expect TESSCO Technologies to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of TESS stock opened at $17.50 on Friday. TESSCO Technologies has a 1 year low of $10.20 and a 1 year high of $20.00. The company’s fifty day simple moving average is $18.27. The company has a market cap of $153.15 million, a P/E ratio of 26.92 and a beta of 1.30.

TESS has been the topic of a number of analyst reports. ValuEngine cut shares of Vereit from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research cut shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Saturday, May 11th.

About TESSCO Technologies

TESSCO Technologies Incorporated architects and delivers products and value chain solutions to support wireless systems in the United States. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems, as well as program management, connector installation, custom jumper assembly, site kitting, and logistics integration services.

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Earnings History for TESSCO Technologies (NASDAQ:TESS)

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