TESSCO Technologies (TESS) Scheduled to Post Earnings on Tuesday

TESSCO Technologies (NASDAQ:TESS) will post its quarterly earnings results after the market closes on Tuesday, January 23rd. Analysts expect TESSCO Technologies to post earnings of $0.25 per share for the quarter.

TESSCO Technologies (NASDAQ:TESS) last issued its earnings results on Monday, October 23rd. The communications equipment provider reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11. The company had revenue of $145.08 million for the quarter, compared to analysts’ expectations of $141.97 million. TESSCO Technologies had a net margin of 0.51% and a return on equity of 3.09%. On average, analysts expect TESSCO Technologies to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of TESSCO Technologies (NASDAQ:TESS) remained flat at $$20.70 during trading hours on Wednesday. The company’s stock had a trading volume of 9,602 shares, compared to its average volume of 54,982. TESSCO Technologies has a 1-year low of $12.15 and a 1-year high of $23.65. The company has a market cap of $173.43, a PE ratio of 60.88 and a beta of 1.31.

A number of equities analysts have issued reports on the stock. Zacks Investment Research cut shares of TESSCO Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. TheStreet upgraded shares of TESSCO Technologies from a “c+” rating to a “b-” rating in a research report on Monday, December 11th.

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TESSCO Technologies Company Profile

TESSCO Technologies Incorporated architects and delivers the product and value chain solutions to organizations responsible for building, operating, maintaining and reselling cellular, mobile communications, wireless-fidelity (Wi-Fi), machine-to-machine, Internet of Things and wireless backhaul systems.

Earnings History for TESSCO Technologies (NASDAQ:TESS)

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