CommScope (COMM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

CommScope (COMM) reported $1.17 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 41.6%. EPS of -$0.08 for the same period compares to $0.35 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.04 billion, representing a surprise of +12.18%. The company delivered an EPS surprise of +65.22%, with the consensus EPS estimate being -$0.23.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...