What To Expect From Mercury Systems ($MRCY) Q1 Earnings?

Mercury Systems (NASDAQ: MRCY) is scheduled to reveal its financial results for the first quarter on Tuesday 5th November 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.

Financial analysts on Wall Street are anticipating that the company will announce an estimated $0.08 loss per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $181.77 million for this period.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share loss of $0.24. This notable figure was achieved due to the company's impressive total revenue of $180.99 million recorded during that specific period.

Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $846.33 million. Furthermore, they are predicting profit of $0.27 per share for the full year.

 

The business has scheduled a conference call on 5th November 2024 at 05:00 PM eastern time to discuss Q1 financial results.

Mercury Systems (MRCY) closed Friday's regular trading session at $33.18, showing a 2.57 percent rise, with a volume of 314.70 thousand shares.

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