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

Northern Technologies International

07/04/2022 14:31

* Northern Technologies International Corp  NTIC.OQ 
reported
quarterly adjusted earnings of 4 cents​​ per share for the
quarter ended in February. The lone analyst forecast for the
quarter was for earnings of 6 cents per share.
    * Revenue rose 31% to $16.75 million from a year ago; 
analysts
expected $17.60 million. 
    * Northern Technologies International Corp's reported EPS
for the
quarter was 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 75%
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 3.6% this quarter and lost 18.6% so far this year.
    * The company reported quarterly net income of $182.85
thousand.
    * Wall Street's median 12-month price target for Northern
Technologies International Corp is $24.00 
    * 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 April 7 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated