CommScope (COMM) to Release Earnings on Wednesday

CommScope (NASDAQ:COMM) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect CommScope to post earnings of $0.18 per share and revenue of $1.12 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

CommScope Price Performance

COMM opened at $5.03 on Monday. The stock has a 50-day moving average price of $5.29 and a 200-day moving average price of $5.23. The firm has a market cap of $1.08 billion, a PE ratio of -1.14, a P/E/G ratio of 0.41 and a beta of 1.90. CommScope has a 1 year low of $0.86 and a 1 year high of $7.19.

Wall Street Analyst Weigh In

COMM has been the subject of several research reports. Raymond James lowered shares of CommScope from a “market perform” rating to an “underperform” rating in a research report on Monday, January 6th. JPMorgan Chase & Co. raised shares of CommScope from an “underweight” rating to a “neutral” rating and set a $5.00 price target for the company in a research report on Tuesday, January 14th. Finally, Morgan Stanley lowered shares of CommScope from an “equal weight” rating to an “underweight” rating and set a $5.00 price target for the company. in a research report on Tuesday, December 17th. Three research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, CommScope currently has a consensus rating of “Hold” and a consensus target price of $3.00.

About CommScope

CommScope Holding Company, Inc provides infrastructure solutions for communications, data center, and entertainment networks worldwide. The company operates through Connectivity and Cable Solutions (CCS); Outdoor Wireless Networks (OWN); Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments.