Anterix (NASDAQ:ATEX - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, November 13th. Analysts expect Anterix to post earnings of ($0.59) per share for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.
Anterix (NASDAQ:ATEX - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported ($0.84) EPS for the quarter, missing the consensus estimate of ($0.45) by ($0.39). The firm had revenue of $1.53 million during the quarter, compared to the consensus estimate of $1.64 million. Anterix had a negative net margin of 441.15% and a negative return on equity of 27.91%. During the same period in the previous year, the firm posted ($0.11) EPS. On average, analysts expect Anterix to post $-3 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Anterix Price Performance
ATEX traded up $0.99 during midday trading on Wednesday, hitting $34.97. 126,141 shares of the company's stock traded hands, compared to its average volume of 154,859. The stock's fifty day simple moving average is $35.44 and its 200-day simple moving average is $35.41. Anterix has a one year low of $28.70 and a one year high of $42.41.
Analyst Ratings Changes
Several research firms have recently issued reports on ATEX. JPMorgan Chase & Co. upped their price target on Anterix from $60.00 to $61.00 and gave the stock an "overweight" rating in a research note on Thursday, August 8th. Craig Hallum upgraded Anterix to a "strong-buy" rating in a report on Wednesday, October 9th.
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Anterix Company Profile
(
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Anterix Inc operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico.
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