Mitel Networks Corporation (NASDAQ:MITL) Yearly Sales Target At $325.3


The EPS projection of Mitel Networks Corporation (NASDAQ:MITL) for quarter ended 2016-09-30 is $0.12. A week before, the EPS forecast was $0.12 against target of $0.12, a month earlier. This estimate stood at $0.12 60 days earlier versus forecast of $0.12 90 days earlier, confirming a deviation of 0%.

Mitel Networks Corporation (NASDAQ:MITL) reported that 18 days ago, the positive EPS revisions were 1 and negative revisions at 2.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 1, 0, 0 and 0, respectively.

The downgrade of EPS estimates for Mitel Networks Corporation (NASDAQ:MITL) in the preceding 120, 60, 30 and 90 days were 2, 1, 0 and 1, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of Mitel Networks Corporation (NASDAQ:MITL) was $0.12. This projection was computed after accounting 3 calls. As reported on 2016-05-05 the EPS was $0.03. The change was $-0.02, demonstrating a percentage deviation of -40%. The projections confirmed a standard deviation of 0.02.

Quarterly Sales Estimates

For the fiscal 2017, the yearly sales target for Mitel Networks Corporation (NASDAQ:MITL) stands at $325.3 and the median estimate at $325.3. Almost 2 analysts announced their estimates.

The highest estimate is $329.9 while the lowest target is $320.7 showing standard deviation of 6.505%.

As many as 2 analysts released sales estimates reised in upside while 2 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 2 revised sales number projection on upside while 2 lowered the sales target, demonstrating a deviation of 0%.

A quarter ago, 2 hiked sales estimations and 2 reduced sales forecast. Mitel Networks Corporation (NASDAQ:MITL) stated that the change in forecast was 0%.

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