Northern Technologies International Corp reports results for the quarter ended in August - Earnings Summary

Northern Technologies International

14/11/2022 15:20

* Northern Technologies International Corp  NTIC.OQ 
reported
quarterly adjusted earnings of 8 cents​​ per share for the
quarter ended in August. The lone analyst forecast for the
quarter was for earnings of 13 cents per share.
    * Revenue rose 13.1% to $17.55 million from a year ago;
analysts
expected $19.50 million. 
    * Northern Technologies International Corp's reported EPS
for the
quarter was 7 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Northern Technologies International Corp shares had risen
by 0.4% this quarter and lost 12.7% so far this year.
    * The company reported quarterly net income of $648
thousand.
    * Wall Street's median 12-month price target for Northern
Technologies International Corp is $18.00 
    * 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 from Refinitiv data November
14 at 03:20 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      0.13           0.08           Missed
 May. 31 2022      0.15           0.12           Missed
 Feb. 28 2022      0.06           0.04           Missed
 Nov. 30 2021      0.18           0.08           Missed