NAPCO Security Technologies Inc reports results for the quarter ended June 30 - Earnings Summary

• NAPCO Security Technologies Inc NSSC reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of six analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 25 cents to 29 cents per share.

• Revenue rose 0.8% to $50.72 million from a year ago; analysts expected $44.38 million.

• NAPCO Security Technologies Inc's reported EPS for the quarter was 33 cents​.

• The company reported quarterly net income of $11.63 million.

• NAPCO Security Technologies Inc shares had risen by 6.8% this quarter and lost 10.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"

• Wall Street's median 12-month price target for NAPCO Security Technologies Inc is $29.00, about 9.3% below its last closing price of $31.70

This summary was machine generated from LSEG data August 25 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)