ADT (NYSE:ADT – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.60-0.70 for the period, compared to the consensus earnings per share estimate of $0.65. ADT also updated its FY 2024 guidance to 0.600-0.700 EPS.
ADT Stock Up 0.3 %
Shares of NYSE:ADT opened at $6.38 on Thursday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.68 and a quick ratio of 0.52. The firm has a market capitalization of $5.88 billion, a PE ratio of 12.76 and a beta of 1.57. The firm’s 50-day moving average is $6.62 and its two-hundred day moving average is $6.44. ADT has a 1 year low of $4.89 and a 1 year high of $7.60.
ADT (NYSE:ADT – Get Free Report) last issued its quarterly earnings results on Wednesday, February 28th. The security and automation business reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.25 billion. ADT had a net margin of 8.69% and a return on equity of 14.85%. The business’s revenue for the quarter was down 27.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.08 earnings per share. Analysts predict that ADT will post 0.67 EPS for the current year.
Analyst Ratings Changes
View Our Latest Stock Analysis on ADT
About ADT
ADT Inc provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems.
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