How does IDT's Q4 earnings compare to industry benchmarks?
4/11/2025 04:20pm
IDT's Q4 earnings of $6.34 million may be lower than industry benchmarks, considering the company's diversified telecommunication services industry typically generates higher revenues due to the nature of its services.
1. **IDT's Q4 Earnings**: IDT reported a net income of $6.34 million for the quarter ending Q4 2024.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|IDT|IDT.N|IDT B|2024 Q3|-18.104338842975206|6342000|169|
|IDT|IDT.N|IDT B|2024 Q4|330.3722311029916|3.7692E7|169|
|IDT|IDT.N|IDT B|2025 Q1|118.06276545540348|1.8483E7|169|
|IDT|IDT.N|IDT B|2025 Q2|40.99911133680335|2.2213E7|169|
2. **Industry Benchmarks**:
- The Diversified Telecommunication Services industry is characterized by significant revenue generation due to the essential nature of telecommunication services.
- Industry leaders like Verizon, AT&T, and T-Mobile have reported much higher quarterly earnings, often exceeding $1 billion each quarter.
- Given the scale of these companies and the industry as a whole, IDT's $6.34 million in Q4 earnings may be considered modest when compared to industry averages.
3. **Conclusion**: While IDT's Q4 earnings are not necessarily poor, they are relatively low when compared to industry benchmarks. This could indicate that IDT may face unique challenges or operate in a segment of the industry that is less profitable. However, without specific comparison data, it is difficult to make a definitive assessment of IDT's performance relative to industry peers.