Q2 2025 EPS Estimates for Anterix Inc. (NASDAQ:ATEX) Cut by B. Riley

Anterix Inc. (NASDAQ:ATEX) – Analysts at B. Riley lowered their Q2 2025 earnings per share (EPS) estimates for shares of Anterix in a research report issued to clients and investors on Thursday, August 8th. B. Riley analyst M. Crawford now anticipates that the company will post earnings of ($0.60) per share for the quarter, down from their prior forecast of ($0.46). The consensus estimate for Anterix’s current full-year earnings is ($2.02) per share. B. Riley also issued estimates for Anterix’s Q3 2025 earnings at ($0.66) EPS, Q4 2025 earnings at ($0.64) EPS, FY2025 earnings at ($2.74) EPS and FY2026 earnings at $0.89 EPS.

Separately, JPMorgan Chase & Co. increased their price target on Anterix from $60.00 to $61.00 and gave the company an “overweight” rating in a report on Thursday, August 8th.

Anterix Trading Up 1.3 %

ATEX stock opened at $37.85 on Monday. The stock has a market capitalization of $702.84 million, a PE ratio of -77.02 and a beta of 0.86. Anterix has a 12-month low of $28.70 and a 12-month high of $42.41. The stock’s 50 day simple moving average is $36.76 and its 200 day simple moving average is $34.69.

Anterix (NASDAQ:ATEX) last released its quarterly earnings data on Tuesday, August 6th. The company reported ($0.84) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.45) by ($0.39). The business had revenue of $1.53 million during the quarter, compared to the consensus estimate of $1.64 million. Anterix had a negative net margin of 441.15% and a negative return on equity of 27.05%. During the same period last year, the company posted ($0.11) earnings per share.

Hedge Funds Weigh In On Anterix

Hedge funds and other institutional investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new position in shares of Anterix during the 2nd quarter valued at $28,000. Motco purchased a new stake in shares of Anterix in the 1st quarter worth $44,000. Jupiter Asset Management Ltd. purchased a new stake in shares of Anterix in the 2nd quarter worth $200,000. Los Angeles Capital Management LLC purchased a new stake in shares of Anterix in the 1st quarter worth $302,000. Finally, Janus Henderson Group PLC purchased a new stake in shares of Anterix in the 1st quarter worth $430,000. 87.67% of the stock is owned by institutional investors.

Anterix Company Profile

Anterix Inc operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico.