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FKWL Franklin Wireless News Story

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Franklin Wireless Corp reports results for the quarter ended in March - Earnings Summary

* Franklin Wireless Corp  FKWL.OQ  reported quarterly adjusted
earnings of 33 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 39
cents per share.
* Revenue was $44.33 million​;  analysts expected $51.00
million. 
* Franklin Wireless Corp's reported EPS for the quarter was 33
cents​.
* The mean earnings estimate of analysts had risen by
about 44.4% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Franklin Wireless Corp shares had fallen by 51.8% this
quarter and lost 55.5% so far this year.
* The company reported quarterly net income of $3.94 million.
* Wall Street's median 12-month price target for Franklin
Wireless Corp is $28.00 
* 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 May 17 at 08:31 p.m. GMT.
​All figures in US dollars

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