We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Can Healthy Y/Y Top-Line Growth Boost Anterix's Q1 Earnings?
Read MoreHide Full Article
Key Takeaways
ATEX's fiscal Q1 revenues are projected at $1.97 million, up from $1.42 million a year ago.
Lynk satellite tests may boost demand for Anterix's licensed 900 MHz broadband spectrum.
Benton County's 10 MHz deployment may lift revenues through grid automation and outage restoration.
Anterix Inc. (ATEX - Free Report) is scheduled to report first-quarter fiscal 2027 earnings after the closing bell on Aug. 11. In the to-be-reported quarter, the company is likely to have recorded higher revenues, backed by rising demand for its spectrum assets.
Factors at Play
During the quarter, Anterix collaborated with Lynk Global to test the integration of its licensed 900 MHz broadband spectrum with the latter’s satellite capabilities for resilient connectivity across the critical infrastructure community. The companies secured an experimental license from the Federal Communications Commission to explore the potential of the 900 MHz band to deliver integrated satellite-terrestrial connectivity solutions. This is likely to have generated incremental demand for Anterix’s spectrum assets, translating into higher revenues for the impending quarter.
Growing grid modernization investments are likely to create additional spectrum leasing opportunities for the company. In the fiscal first quarter, the Public Utility District No. 1 of Benton County deployed a 10 MHz 900 MHz spectrum license of Anterix to enable advanced grid automation, field workforce connectivity, enhanced outage detection and restoration of publicly-owned utilities in the Pacific Northwest. This first private wireless broadband deployment among publicly owned utilities in the region is expected to have generated higher revenues in the quarter.
Overall Expectations
The Zacks Consensus Estimate for total revenues for the company is pegged at $1.97 million. It generated revenues of $1.42 million in the prior-year quarter. The consensus mark for loss per share is currently pegged at 58 cents. Anterix recorded a loss of 48 cents a share in the year-earlier quarter.
Earnings Whispers
Our proven model does not conclusively predict an earnings beat for Anterix for the fiscal first quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:
The Earnings ESP for Analog Devices, Inc. (ADI - Free Report) is +2.37%, and it carries a Zacks Rank of 2 at present. The company is scheduled to report third-quarter fiscal 2026 numbers on Aug. 19.
The Earnings ESP for Lumentum Holdings Inc. (LITE - Free Report) is +0.46% and it carries a Zacks Rank of 2. The company is scheduled to report quarterly numbers on Aug. 11.
The Earnings ESP for Applied Materials, Inc. (AMAT - Free Report) is +1.52% and it sports a Zacks Rank of 2. The company is scheduled to report quarterly numbers on Aug. 13.
View the Zacks #1 Rank List
Image: Shutterstock
Can Healthy Y/Y Top-Line Growth Boost Anterix's Q1 Earnings?
Key Takeaways
Anterix Inc. (ATEX - Free Report) is scheduled to report first-quarter fiscal 2027 earnings after the closing bell on Aug. 11. In the to-be-reported quarter, the company is likely to have recorded higher revenues, backed by rising demand for its spectrum assets.
Factors at Play
During the quarter, Anterix collaborated with Lynk Global to test the integration of its licensed 900 MHz broadband spectrum with the latter’s satellite capabilities for resilient connectivity across the critical infrastructure community. The companies secured an experimental license from the Federal Communications Commission to explore the potential of the 900 MHz band to deliver integrated satellite-terrestrial connectivity solutions. This is likely to have generated incremental demand for Anterix’s spectrum assets, translating into higher revenues for the impending quarter.
Growing grid modernization investments are likely to create additional spectrum leasing opportunities for the company. In the fiscal first quarter, the Public Utility District No. 1 of Benton County deployed a 10 MHz 900 MHz spectrum license of Anterix to enable advanced grid automation, field workforce connectivity, enhanced outage detection and restoration of publicly-owned utilities in the Pacific Northwest. This first private wireless broadband deployment among publicly owned utilities in the region is expected to have generated higher revenues in the quarter.
Overall Expectations
The Zacks Consensus Estimate for total revenues for the company is pegged at $1.97 million. It generated revenues of $1.42 million in the prior-year quarter. The consensus mark for loss per share is currently pegged at 58 cents. Anterix recorded a loss of 48 cents a share in the year-earlier quarter.
Earnings Whispers
Our proven model does not conclusively predict an earnings beat for Anterix for the fiscal first quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Anterix currently has an ESP of 0.00% with a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Anterix Inc. Price and EPS Surprise
Anterix Inc. price-eps-surprise | Anterix Inc. Quote
Stocks to Consider
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:
The Earnings ESP for Analog Devices, Inc. (ADI - Free Report) is +2.37%, and it carries a Zacks Rank of 2 at present. The company is scheduled to report third-quarter fiscal 2026 numbers on Aug. 19.
The Earnings ESP for Lumentum Holdings Inc. (LITE - Free Report) is +0.46% and it carries a Zacks Rank of 2. The company is scheduled to report quarterly numbers on Aug. 11.
The Earnings ESP for Applied Materials, Inc. (AMAT - Free Report) is +1.52% and it sports a Zacks Rank of 2. The company is scheduled to report quarterly numbers on Aug. 13.