CommScope (COMM)

We stick with our Outperform on CommScope shares (COMM; $8.68) after the company reiterated 2023E “core” EBITDA targets of $1.35-1.50B (ex-Home Networks) and delivered Q4 EBITDA upside while demonstrating healthy free cash flows (FCF) we…

CommScope (COMM; $7.36; O/P) reported Q4 non-GAAP EPS of $0.49, which was ahead of our consensus matching $0.46. Sales were $2,318mm, which compared to our $2,340mm and the Street’s $2,339mm. As per the variance table…

We expect CommScope (COMM; $8.01; O/P) to post core Q4 results and 2023E outlook that at least lives up to Street expectations on Thursday (2/23 before market). We think this should be more than “enough”…

CommScope (COMM; $9.53; O/P) shares plunged 26% today despite posting better than expected Q3 EBITDA while reiterating all prior EBITDA targets for its “core” business, ex-Home Networks (16% of Q3 sales), which management still plans…

CommScope (COMM; $12.87; O/P) reported Q3 non-GAAP EPS of $0.50, which beat the Street’s $0.45 and was in line with our above consensus $0.50. Sales were $2,381mm, which compared to the Street’s $2,296mm and our…

We raise our target on the shares of CommScope (COMM; $13.24; O/P) from $13 to $15 ahead of its Q3 results and outlook on Thursday (11/3 before market). We have increased confidence in management’s ability…