CommScope Stock Before Q1 Earnings: To Buy or Not to Buy? – April 29, 2025
From Zacks Investment Research: 2025-04-29 10:56:00
CommScope Holding Company, Inc. (COMM) is set to release its first-quarter 2025 earnings on May 1, 2025. Estimates for revenues and earnings are $1.11 billion and 8 cents per share, respectively. Despite a recent decrease in earnings estimates, CommScope has a history of beating earnings estimates. During the quarter, the company partnered with NCTC to expand broadband access in remote areas. They also launched a new fiber frame solution, Propel XFrame. CommScope recently divested some businesses, resulting in a focus on core priorities. The stock has surged over the past year and is currently trading at a relatively cheap valuation compared to industry peers. Investors may benefit from the company’s long-term growth prospects, but caution is advised due to decreasing earnings estimates.
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