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

Northern Technologies International

06/01/2022 14:31

* Northern Technologies International Corp  NTIC.OQ  reported
quarterly adjusted earnings of 8 cents​​ per share for the
quarter ended in November. The lone analyst forecast for the
quarter was for earnings of 18 cents per share.
* Revenue rose 42.4% to $18.19 million from a year ago; 
analysts expected $16.90 million. 
* Northern Technologies International Corp's reported EPS for
the quarter was 46 cents​.
* The mean earnings estimate of analysts had fallen by about 10%
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 4.4% this quarter.
* The company reported quarterly net income of $4.49 million.
* 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 January 6 at 02:30 p.m.  ​All
figures in US dollars unless otherwise stated