KORE Group (NYSE:KORE – Get Rating) will be announcing its earnings results after the market closes on Thursday, August 11th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. KORE Group has set its FY 2022 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.
KORE Group (NYSE:KORE – Get Rating) last posted its quarterly earnings results on Monday, May 16th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.06). The firm had revenue of $68.94 million during the quarter, compared to the consensus estimate of $62.47 million. On average, analysts expect KORE Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
KORE Group Price Performance
KORE opened at $2.75 on Thursday. KORE Group has a fifty-two week low of $2.51 and a fifty-two week high of $9.50. The business has a 50-day moving average of $3.33 and a 200-day moving average of $4.56. The company has a quick ratio of 2.20, a current ratio of 2.47 and a debt-to-equity ratio of 1.51.
Hedge Funds Weigh In On KORE Group
Analyst Ratings Changes
KORE has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft lowered their price objective on KORE Group from $7.50 to $6.00 in a report on Tuesday, May 17th. Morgan Stanley lowered their price objective on KORE Group to $5.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 17th.
About KORE Group
KORE Group Holdings, Inc provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity, location-based, device solutions, and managed and professional services that are used in the development and support of IoT technology for the Machine-to-Machine market. The company provides Connectivity-as-a-Service; IoT solutions and analytics to fleet tracking companies; and asset monitoring, communications, and industrial IoT services.
- Get a free copy of the StockNews.com research report on KORE Group (KORE)
- Is it Time to Tap Molson Coors or Will Beer Sales Turn Flat?
- There Are Different Types of Stock To Invest In
- Is Starbucks Shooting For The Moon?
- PayPal Continues To Struggle As Competition Increases
- Two High-Yield Deep-Values You Shouldn’t Ignore
Receive News & Ratings for KORE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KORE Group and related companies with MarketBeat.com's FREE daily email newsletter.