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

Exela Technologies

09/08/2022 23:05

* Exela Technologies Inc  XELA.OQ  reported a quarterly
adjusted
loss of $3.22​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was for a loss
of $1.30 per share.
    * Revenue fell 9% to $266.77 million from a year ago;
analysts
expected $290.98 million. 
    * Exela Technologies Inc's reported EPS for the quarter was
a loss
of $3.22​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Exela Technologies Inc shares had fallen by 34.4% this
quarter and lost 91.5% so far this year.
    * The company reported a quarterly loss of $81.39 million.
    * Wall Street's median 12-month price target for Exela
Technologies Inc is $23.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -1.30          -3.22          Missed
 Mar. 31 2022      -2.00          -3.40          Missed
 Dec. 31 2021      -1.90          -12.00         Missed
 Sep. 30 2021      -2.30          -5.40          Missed