After-Hours Earnings Report for October 3, 2013 : CMTL, XRTX

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The following companies are expected to report earnings after hours on 10/03/2013. Visit our Earnings Calendar for a full list of expected earnings releases.

Comtech Telecommunications Corp. ( CMTL ) is reporting for the quarter ending July 31, 2013. The wireless equipment company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.22. This value represents a 51.11% decrease compared to the same quarter last year. In the past year CMTL has met analyst expectations once and beat the expectations the other three quarters. The "days to cover" for this stock exceeds 10 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMTL is 27.36 vs. an industry ratio of 10.80, implying that they will have a higher earnings growth than their competitors in the same industry.

Xyratex Ltd. ( XRTX ) is reporting for the quarter ending August 31, 2013. The computer storage company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.01. This value represents a 102.94% decrease compared to the same quarter last year. XRTX missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -2.94%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for XRTX is -558.00 vs. an industry ratio of -18.80.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Earnings

Referenced Stocks: CMTL , XRTX

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