Synchronoss Technologies Inc (SNCR, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $43.29 million, and the earnings are expected to come in at $0.02 per share. The full year 2024's revenue is expected to be $173.47 million and the earnings are expected to be $0.30 per share. More detailed estimate data can be found on the Forecast page.
Synchronoss Technologies Inc (SNCR, Financial) Estimates Trends
Over the past 90 days, revenue and earnings estimates for Synchronoss Technologies Inc (SNCR) have remained steady. For the full year 2024, revenue is projected to be $173.47 million, and earnings are expected to be $0.30 per share. For 2025, revenue is forecasted at $184 million, with earnings projected at $0.74 per share.
Synchronoss Technologies Inc (SNCR, Financial) Reported History
In the previous quarter of 2024-06-30, Synchronoss Technologies Inc's (SNCR) actual revenue was $43.46 million, which beat analysts' revenue expectations of $43.138 million by 0.74%. Synchronoss Technologies Inc's (SNCR) actual earnings were $0.01 per share, which beat analysts' earnings expectations of -$0.09 per share by 111.11%. After releasing the results, Synchronoss Technologies Inc (SNCR) was down by -3.85% in one day.
Synchronoss Technologies Inc (SNCR, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 3 analysts, the average target price for Synchronoss Technologies Inc (SNCR) is $23.67 with a high estimate of $40 and a low estimate of $11. The average target implies an upside of 108.33% from the current price of $11.36.
Based on GuruFocus estimates, the estimated GF Value for Synchronoss Technologies Inc (SNCR, Financial) in one year is $8.34, suggesting a downside of -26.58% from the current price of $11.36.
Based on the consensus recommendation from 3 brokerage firms, Synchronoss Technologies Inc's (SNCR, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
