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

Exela Technologies

10/05/2022 20:13

* Exela Technologies Inc  XELA.OQ  reported a quarterly
adjusted
loss of 17 cents​​ per share for the quarter ended in March. The
mean expectation of two analysts for the quarter was for a loss
of 10 cents per share.
    * Revenue fell 6.9% to $279.40 million from a year ago; 
analysts
expected $284.91 million. 
    * Exela Technologies Inc's reported EPS for the quarter was
a loss
of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 33.3%
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 11.1% this
quarter and lost 57.8% so far this year.
    * The company reported a quarterly loss of $57.9 million.
    * Wall Street's median 12-month price target for Exela
Technologies Inc is $1.28 
    * 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 May 10 at 07:12 p.m.  ​All
figures in US dollars unless otherwise stated