Telos Corp reports results for the quarter ended September 30 - Earnings Summary

• Telos Corp reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of six analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 3 cents to 4 cents per share.

• Revenue rose 7.3% to $55.20 million from a year ago; analysts expected $50.00 million.

• Telos Corp's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $4.44 million.

• Telos Corp shares had risen by 18.4% this quarter and lost 5.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 18.1% 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 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated hardware & software peer group is also "buy"

• Wall Street's median 12-month price target for Telos Corp is $5.50, about 12.4% above its last closing price of $4.82

This summary was machine generated from LSEG data November 9 at 03:08 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)