Insights Into CommScope (COMM) Q2: Wall Street Projections for Key Metrics

Core Insights - Wall Street analysts expect CommScope (COMM) to report quarterly earnings of $0.37 per share, reflecting a year-over-year increase of 94.7% [1] - Revenue is anticipated to be $1.39 billion, which represents a decline of 27.5% compared to the same quarter last year [1] - The consensus EPS estimate has been revised upward by 662.5% over the past 30 days, indicating a significant reassessment by analysts [1] Revenue Estimates - The consensus estimate for 'Net Sales- CCS (Connectivity and Cable Solutions)' is projected at $683.59 million, indicating a year-over-year change of -2.2% [4] - 'Net Sales- ANS (Access Network Solutions)' is expected to reach $178.09 million, reflecting a substantial decline of 46.6% year-over-year [4] - 'Net Sales- NICS (Networking, Intelligent Cellular and Security Solutions)' is estimated at $182.12 million, showing a decrease of 44.4% from the previous year [5] - 'Net Sales- OWN (Outdoor Wireless Networks)' is projected to be $223.90 million, indicating a slight decline of 2.1% year-over-year [5] Adjusted EBITDA Estimates - 'Adjusted EBITDA- NICS' is expected to be $18.84 million, down from $74.90 million in the same quarter last year [6] - 'Adjusted EBITDA- ANS' is projected at $21.20 million, compared to $66.30 million in the prior year [6] - 'Adjusted EBITDA- CCS' is anticipated to reach $147.82 million, an increase from $79.60 million reported in the same quarter last year [7] - 'Adjusted EBITDA- OWN' is expected to be $55.75 million, up from $41.70 million in the previous year [7] Stock Performance - Over the past month, CommScope shares have increased by 76.8%, while the Zacks S&P 500 composite has decreased by 5.9% [7] - CommScope holds a Zacks Rank 1 (Strong Buy), suggesting it is likely to outperform the overall market in the near future [7]