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

Exela Technologies

15/11/2022 03:08

* Exela Technologies Inc  XELA.OQ  reported a quarterly
adjusted
loss of 91 cents​​ per share for the quarter ended in September.
The mean expectation of two analysts for the quarter was for a
loss of 58 cents per share.
    * Revenue fell 5.4% to $264.04 million from a year ago;
analysts
expected $283.36 million. 
    * Exela Technologies Inc's reported EPS for the quarter was
a loss
of $1.38​.
    * The mean earnings estimate of analysts had risen by
about 46.8%
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 38.6% this
quarter and lost 98.4% so far this year.
    * The company reported a quarterly loss of $87.33 million.
    * Wall Street's median 12-month price target for Exela
Technologies Inc is $2.50 
    * 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 November
15 at 03:08 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.58          -0.91          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