Cemtrex Inc expected to post a loss of 34 cents a share - Earnings Preview

Cemtrex

09/08/2023 01:18

* Cemtrex Inc  CETX.OQ   CETX.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 10. 
    * The Brooklyn New York-based  company is expected to report
 a
6.0% increase in revenue to $14.454 million from $13.63 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 34 cents 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​, above​ its last closing price of $5.88. ​​​

This summary was machine generated August 9 at 00:18 GMT.  All
figures in US dollars  unless otherwise stated