Cemtrex Inc expected to post a loss of $3.59 a share - Earnings Preview

Cemtrex

19/12/2023 21:03

* Cemtrex Inc  CETX.OQ   CETX.O  is expected to show a rise
in
quarterly revenue when it reports  results on December 21 for
the period ending June 30 2023
    * The Brooklyn New York-based  company is expected to report
a
13.6% increase in revenue to $15.042 million from $13.24 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Cemtrex Inc is for a
loss of
$3.59 per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cemtrex Inc
is
$23.00​, above​ its last closing price of $5.65. ​​​

This summary was machine generated December 19 at 21:03 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)