Cemtrex Inc reports results for the quarter ended in December - Earnings Summary

Cemtrex

14/02/2023 22:44

* Cemtrex Inc  CETX.OQ  reported a quarterly adjusted loss
of
$3.99​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for a loss of $1.71 per
share.
    * Revenue rose 12.2% to $11.97 million from a year ago;
analysts
expected $13.30 million. 
    * Cemtrex Inc's reported EPS for the quarter was a loss of
$8.24​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cemtrex Inc shares had risen by 154.1% this quarter.
    * The company reported a quarterly loss of $6.28 million.
    * Wall Street's median 12-month price target for Cemtrex Inc
is
$26.00 
    * The current average analyst rating on the shares is "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 Refinitiv data February
14 at 10:44 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -1.71          -3.99          Missed