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

Cemtrex

10/08/2023 23:26

* Cemtrex Inc  CETX.OQ  reported a quarterly adjusted loss
of
$1.28​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 34 cents per
share.
    * Revenue rose 8.1% to $14.73 million from a year ago;
analysts
expected $14.45 million. 
    * Cemtrex Inc's reported EPS for the quarter was a loss of
$1.28​.
    * The mean earnings estimate of analysts had fallen by
about 183.3% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Cemtrex Inc shares had fallen by 25.2% this quarter and
gained 31.9% so far this year.
    * The company reported a quarterly loss of $1.15 million.
    * Wall Street's median 12-month price target for Cemtrex Inc
is
$23.00 
    * 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 LSEG Refinitiv data
August 10 at 10:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.34          -1.28          Missed
 Mar. 31 2023      -0.11          -0.74          Missed
 Dec. 31 2022      -1.71          -3.99          Missed