VOXX International (VOXX) Set to Announce Quarterly Earnings on Tuesday

VOXX International (NASDAQ:VOXX) is set to announce its earnings results after the market closes on Tuesday, January 9th. Analysts expect the company to announce earnings of $0.14 per share for the quarter.

VOXX International (NASDAQ:VOXX) last released its quarterly earnings results on Tuesday, October 10th. The auto parts company reported ($0.74) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.73). The business had revenue of $113.50 million for the quarter, compared to the consensus estimate of $163.00 million. VOXX International had a net margin of 3.10% and a negative return on equity of 3.77%. The firm’s revenue for the quarter was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.12 EPS.

VOXX International (NASDAQ VOXX) traded up $0.05 during trading on Wednesday, hitting $5.65. 76,413 shares of the stock were exchanged, compared to its average volume of 75,357. The company has a market cap of $135.41, a P/E ratio of 6.89 and a beta of 0.76. The company has a quick ratio of 1.23, a current ratio of 2.46 and a debt-to-equity ratio of 0.02. VOXX International has a fifty-two week low of $4.05 and a fifty-two week high of $9.00.

Several institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System bought a new position in shares of VOXX International during the 2nd quarter valued at $291,000. The Manufacturers Life Insurance Company bought a new position in shares of VOXX International during the 2nd quarter valued at $129,000. Finally, State Street Corp raised its holdings in shares of VOXX International by 1,731.7% during the 2nd quarter. State Street Corp now owns 230,760 shares of the auto parts company’s stock valued at $1,893,000 after purchasing an additional 218,162 shares in the last quarter. Institutional investors and hedge funds own 62.29% of the company’s stock.

VOXX has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of VOXX International from a “sell” rating to a “hold” rating in a report on Tuesday, September 19th. TheStreet downgraded shares of VOXX International from a “c-” rating to a “d+” rating in a report on Tuesday, October 24th.

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About VOXX International

VOXX International Corporation is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company’s segments include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices, car link-smartphone telematics application, collision avoidance systems and others.

Earnings History for VOXX International (NASDAQ:VOXX)

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