Premium payment card manufacturer CompoSecure (NASDAQ:CMPO) will be announcing earnings results tomorrow after market hours. Here’s what investors should know. CompoSecure missed analysts’ revenue expectations by 1.6% last quarter, reporting revenues of $100.9 million, flat year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ EPS estimates. Is CompoSecure a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting CompoSecure’s revenue to be flat year on year at $104.1 million, slowing from the 9.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.19 per share.CompoSecure Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. CompoSecure has missed Wall Street’s revenue estimates three times over the last two years. Looking at CompoSecure’s peers in the hardware & infrastructure segment, some have already reported their Q1 results, giving us a hint as to what we can expect. IonQ posted flat year-on-year revenue, beating analysts’ expectations by 0.9%, and Super Micro reported revenues up 19.5%, falling short of estimates by 2.7%. IonQ traded up 9.3% following the results while Super Micro was down 1.2%. Read our full analysis of IonQ’s results here and Super Micro’s results here. There has been positive sentiment among investors in the hardware & infrastructure segment, with share prices up 9.1% on average over the last month. CompoSecure is up 2.5% during the same time and is heading into earnings with an average analyst price target of $15.19 (compared to the current share price of $10.96). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. View Comments
CompoSecure (CMPO) Reports Earnings Tomorrow: What To Expect
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