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

Northern Technologies International

07/07/2022 14:31

* Northern Technologies International Corp  NTIC.OQ 
reported
quarterly adjusted earnings of 12 cents​​ per share for the
quarter ended in May. The lone analyst forecast for the quarter
was for earnings of 15 cents per share.
    * Revenue rose 23% to $18.97 million from a year ago; 
analysts
expected $19.00 million. 
    * Northern Technologies International Corp's reported EPS
for the
quarter was 11 cents​.
    * The mean earnings estimate of analysts had fallen 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. 
    * Northern Technologies International Corp shares had risen
by 1.1% this quarter and lost 38.2% so far this year.
    * The company reported quarterly net income of $1 million.
    * 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 July 7 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated