Franklin Wireless Corp expected to post earnings of 10 cents a share - Earnings Preview

Franklin Wireless

12/11/2021 11:54

* Franklin Wireless Corp  FKWL.OQ   FKWL.O  is expected to show
a fall in quarterly revenue when it reports  results on November
12 (estimated). 
* The San Diego, California-based company is expected to report 
a 53.7% decrease in revenue to $29 million from $62.57 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
​* Refinitiv's mean analyst estimate for Franklin Wireless Corp
is for earnings of 10 cents per share. For the same quarter last
year, the company reported earnings of 64 cents per share.
* 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." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Franklin
Wireless Corp is $16​, about 74.2% above​ its last closing price
of $4.13. ​​​
This summary was machine generated November 12 at 11:54 GMT. 
All figures in US dollars  unless otherwise stated