Ascent Industries Co reports results for the quarter ended in June - Earnings Summary

Ascent Industries Co

09/08/2023 11:18

* Ascent Industries Co  ACNT.OQ  reported a quarterly
adjusted
loss of $1.44​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of 39 cents
per share.
    * Revenue was $60.67 million​; analysts expected $77.80
million. 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ascent Industries Co shares had risen by 5.7% this
quarter and
gained 10.8% so far this year.
    * Wall Street's median 12-month price target for Ascent
Industries
Co is $20.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:18 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.39          -1.44          Missed