Ascent Capital Group Inc Series A (ASCMA) Scheduled to Post Earnings on Monday

Ascent Capital Group Inc Series A (NASDAQ:ASCMA) is set to post its quarterly earnings results before the market opens on Monday, November 5th. Analysts expect Ascent Capital Group Inc Series A to post earnings of ($2.52) per share for the quarter.

Ascent Capital Group Inc Series A (NASDAQ:ASCMA) last issued its earnings results on Thursday, August 2nd. The industrial products company reported ($2.43) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($3.08) by $0.65. Ascent Capital Group Inc Series A had a negative return on equity of 166.55% and a negative net margin of 59.27%. The company had revenue of $135.01 million during the quarter, compared to the consensus estimate of $134.21 million. On average, analysts expect Ascent Capital Group Inc Series A to post $-10 EPS for the current fiscal year and $-10 EPS for the next fiscal year.

Shares of NASDAQ ASCMA opened at $1.13 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 17.72. Ascent Capital Group Inc Series A has a 12 month low of $0.76 and a 12 month high of $13.19.

Several research analysts have recently commented on the company. Zacks Investment Research upgraded Ascent Capital Group Inc Series A from a “sell” rating to a “hold” rating and set a $4.50 target price for the company in a research note on Tuesday, July 10th. ValuEngine upgraded Ascent Capital Group Inc Series A from a “hold” rating to a “buy” rating in a research note on Thursday, September 6th.

Ascent Capital Group Inc Series A Company Profile

Ascent Capital Group, Inc, through its subsidiary, Monitronics International, Inc, provides security alarm monitoring services to residential and commercial customers in the United States, Canada, the District of Columbia, and Puerto Rico. The company provides monitoring services for alarm signals arising from burglaries, fires, medical alerts, and other events through security systems at customers' premises.

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Earnings History for Ascent Capital Group Inc Series A (NASDAQ:ASCMA)

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