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.
Curious about Mercury Systems (MRCY) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Read MoreHide Full Article
The upcoming report from Mercury Systems (MRCY - Free Report) is expected to reveal quarterly earnings of $0.28 per share, indicating an increase of 7.7% compared to the year-ago period. Analysts forecast revenues of $244.19 million, representing an increase of 8.4% year over year.
The current level reflects an upward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Bearing this in mind, let's now explore the average estimates of specific Mercury Systems metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Net Revenue- Sensor & Effector- Radar' will reach $38.13 million. The estimate indicates a change of +26.3% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Revenue- Sensor & Effector- Electronic Warfare' of $27.08 million. The estimate indicates a year-over-year change of +29%.
Analysts forecast 'Net Revenue- Other' to reach $33.53 million. The estimate indicates a change of +2.3% from the prior-year quarter.
Analysts' assessment points toward 'Net Revenue- Sensor & Effector- Total' reaching $103.40 million. The estimate indicates a year-over-year change of +27.7%.
The consensus estimate for 'Net Revenue- C4I' stands at $106.75 million. The estimate indicates a change of -4.2% from the prior-year quarter.
Analysts expect 'Net Revenue- Sensor & Effector- Other Sensor & Effector' to come in at $38.18 million. The estimate indicates a change of +28.3% from the prior-year quarter.
Shares of Mercury Systems have demonstrated returns of -10% over the past month compared to the Zacks S&P 500 composite's -0.4% change. With a Zacks Rank #3 (Hold), MRCY is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
Image: Bigstock
Curious about Mercury Systems (MRCY) Q1 Performance? Explore Wall Street Estimates for Key Metrics
The upcoming report from Mercury Systems (MRCY - Free Report) is expected to reveal quarterly earnings of $0.28 per share, indicating an increase of 7.7% compared to the year-ago period. Analysts forecast revenues of $244.19 million, representing an increase of 8.4% year over year.
The current level reflects an upward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Bearing this in mind, let's now explore the average estimates of specific Mercury Systems metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Net Revenue- Sensor & Effector- Radar' will reach $38.13 million. The estimate indicates a change of +26.3% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Revenue- Sensor & Effector- Electronic Warfare' of $27.08 million. The estimate indicates a year-over-year change of +29%.
Analysts forecast 'Net Revenue- Other' to reach $33.53 million. The estimate indicates a change of +2.3% from the prior-year quarter.
Analysts' assessment points toward 'Net Revenue- Sensor & Effector- Total' reaching $103.40 million. The estimate indicates a year-over-year change of +27.7%.
The consensus estimate for 'Net Revenue- C4I' stands at $106.75 million. The estimate indicates a change of -4.2% from the prior-year quarter.
Analysts expect 'Net Revenue- Sensor & Effector- Other Sensor & Effector' to come in at $38.18 million. The estimate indicates a change of +28.3% from the prior-year quarter.
View all Key Company Metrics for Mercury Systems here>>>Shares of Mercury Systems have demonstrated returns of -10% over the past month compared to the Zacks S&P 500 composite's -0.4% change. With a Zacks Rank #3 (Hold), MRCY is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .