Home Markets Earnings Estimate Forecast on Mitel Networks Corporation(MITL)

Earnings Estimate Forecast on Mitel Networks Corporation(MITL)

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Mitel Networks Corporation(MITL): For the most recent quarter end, Mitel Networks Corporation reported Annual Earnings of $0.2. Based on the filings, last years Annual Earnings was, $0.66. For the most recent quarter end, MITL reported a surprise Earnings per Share of 766.67% . The consensus estimate for current quarter is $0.05 and for the current fiscal year, the estimate is $-0.02. For the Next fiscal year, the estimate is $0.3 based on the consensus.

Mitel Networks Corporation has received $0.05 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at -80.77%. Mitel Networks Corporation reported better than expected with a surprise EPS of 766.67% or $0.23 during its most recent quarterly earnings. The Actual EPS was $0.2 compared to the Estimated EPS of $-0.03.

Mitel Networks Corporation has a Price to Earnings ratio of 10.97 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.58. For the Most Recent Fiscal Year, Mitel Networks Corporation has a price to cash ratio of 4.9. For the Trailing twelve month period, company showed a Net Profit Margin of -1.19% and Return on Equity of the stock is 14.48%.

Mitel Networks Corp Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.11. The company had revenue of $279.80 million for the quarter, compared to analysts expectations of $286.62 million. The companys revenue was down -4.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.12 EPS.

Wednesdays trading session turned out to be a no-profit no-loss event for Mitel Networks Corporation (NASDAQ:MITL). The opening trade occurred at $7.24 and the highest and the lowest points of the day were $7.285 and $7.08 respectively. The final trade was registered at $7.24 and the volume by the end of the day had touched 734,641 shares. The 52-week high of the stock is $8.52 and the 52-week low is $5.81. According to the current valuation, the market cap of the company is $883 million and the total number of shares available in public circulation is 121,901,324.

Mitel Networks is a provider of integrated communications solutions focused on the SME market. Its portfolio of IP-based communications solutions consists of IP telephony platforms, unified communications and collaboration applications and managed and network services. By integrating voice, video and data communications with business applications, Mitel enables businesses to improve their performance. Mitel involves in the market evolution to unified communications and collaboration, enabling customers to move beyond basic fixed telephony and disparate communications tools toward integrated multi-media communications and collaboration between users, wherever they may be located. Mitels U.S. headquarters are in Phoenix, Arizona. Global headquarters are in Ottawa, Canada, with offices, partners, and resellers worldwide.

Mitel

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