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

Northern Technologies International

13/04/2023 14:31

* Northern Technologies International Corp  NTIC.OQ 
reported
quarterly adjusted earnings of 10 cents​​ per share for the
quarter ended in February. The lone analyst forecast for the
quarter was for earnings of 18 cents per share.
    * Revenue rose 9.1% to $18.27 million from a year ago;
analysts
expected $20.40 million. 
    * Northern Technologies International Corp's reported EPS
for the
quarter was 9 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 fallen
by 2.1% this quarter and lost 11.4% so far this year.
    * The company reported quarterly net income of $885.25
thousand.
    * Wall Street's median 12-month price target for Northern
Technologies International Corp is $21.00 
    * 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 LSEG Refinitiv data
April 13 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 28 2023      0.18           0.10           Missed
 Nov. 30 2022      0.11           0.06           Missed
 Aug. 31 2022      0.13           0.08           Missed
 May. 31 2022      0.15           0.12           Missed