Ascent Industries Co expected to post a loss of 39 cents a share - Earnings Preview

Ascent Industries Co

05/08/2023 03:02

* Ascent Industries Co  ACNT.OQ   ACNT.O  is expected
to report
results on August 8.
    * The Oak Brook Illinois-based  company is expected to
report
revenue of $77.8 million, according to the estimate from one
analyst, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Ascent Industries
Co is
for a loss of 39 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The average consensus recommendation for the iron & steel
peer
group is also "Strong Buy".​
    * Wall Street's median 12-month price target for Ascent
Industries
Co is $20​, above​ its last closing price of $9.38. ​​​

This summary was machine generated August 5 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated