Cemtrex Inc expected to post a loss of $1.71 a share - Earnings Preview

Cemtrex

10/02/2023 21:07

* Cemtrex Inc  CETX.OQ   CETX.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 14. 
    * The Brooklyn New York-based  company is expected to report
 a
24.6% increase in revenue to $13.298 million from $10.67 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cemtrex Inc is for
a loss
of $1.71 per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the business
support
services peer group is also "Buy".​
    * Wall Street's median 12-month price target for Cemtrex Inc
is
$26​, above​ its last closing price of $10.25. ​​​

This summary was machine generated February 10 at 21:07 GMT. 
All figures in US dollars  unless otherwise stated