Cemtrex Inc expected to post a loss of 7 cents a share - Earnings Preview

Cemtrex

07/05/2024 12:27

* Cemtrex Inc  CETX.OQ   CETX.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9 (estimated)
for the period ending March 31 2024
    * The Brooklyn New York-based  company is expected to report
a
1.9% increase in revenue to $16.386 million from $16.07 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 7
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
$11.00​, above​ its last closing price of $0.27. ​​​

This summary was machine generated May 7 at 11:27 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)