Can Healthy Y/Y Top-Line Growth Boost Anterix's Q1 Earnings?

Anterix Inc. ATEX is scheduled to report first-quarter fiscal 2027 earnings after the closing bell on Aug. 11. In the to-be-reported quarter, the company is likely to have recorded higher revenues, backed by rising demand for its spectrum assets.

Factors at Play

During the quarter, Anterix collaborated with Lynk Global to test the integration of its licensed 900 MHz broadband spectrum with the latter’s satellite capabilities for resilient connectivity across the critical infrastructure community. The companies secured an experimental license from the Federal Communications Commission to explore the potential of the 900 MHz band to deliver integrated satellite-terrestrial connectivity solutions. This is likely to have generated incremental demand for Anterix’s spectrum assets, translating into higher revenues for the impending quarter.

Growing grid modernization investments are likely to create additional spectrum leasing opportunities for the company. In the fiscal first quarter, the Public Utility District No. 1 of Benton County deployed a 10 MHz 900 MHz spectrum license of Anterix to enable advanced grid automation, field workforce connectivity, enhanced outage detection and restoration of publicly-owned utilities in the Pacific Northwest. This first private wireless broadband deployment among publicly owned utilities in the region is expected to have generated higher revenues in the quarter.

Overall Expectations

The Zacks Consensus Estimate for total revenues for the company is pegged at $1.97 million. It generated revenues of $1.42 million in the prior-year quarter. The consensus mark for loss per share is currently pegged at 58 cents. Anterix recorded a loss of 48 cents a share in the year-earlier quarter.

Earnings Whispers

Our proven model does not conclusively predict an earnings beat for Anterix for the fiscal first quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. 

Anterix currently has an ESP of 0.00% with a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Stocks to Consider

Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:

The Earnings ESP for Analog Devices, Inc. ADI is +2.37%, and it carries a Zacks Rank of 2 at present. The company is scheduled to report third-quarter fiscal 2026 numbers on Aug. 19.

The Earnings ESP for Lumentum Holdings Inc. LITE is +0.46% and it carries a Zacks Rank of 2. The company is scheduled to report quarterly numbers on Aug. 11.

The Earnings ESP for Applied Materials, Inc. AMAT is +1.52% and it sports a Zacks Rank of 2. The company is scheduled to report quarterly numbers on Aug. 13.

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This article originally published on Zacks Investment Research (zacks.com).

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