Nauticus Robotics Inc reports results for the quarter ended in June - Earnings Summary

Nauticus Robotics

11/08/2023 14:31

* Nauticus Robotics Inc  KITT.OQ  reported quarterly
adjusted
earnings of 45 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was for a
loss of 15 cents per share.
    * Revenue was $1.13 million​; analysts expected $2.47
million. 
    * Nauticus Robotics Inc's reported EPS for the quarter was
49
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Nauticus Robotics Inc shares had fallen by 12.6% this
quarter and lost 51.6% so far this year.
    * The company reported quarterly net income of $20.67
million.
    * Wall Street's median 12-month price target for Nauticus
Robotics
Inc is $4.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 11 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.15          0.45           Beat
 Mar. 31 2023      -0.16          -0.26          Missed
 Dec. 31 2022      -0.11          -0.19          Missed
 Sep. 30 2022      -0.10          -0.22          Missed