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

Northern Technologies International

12/01/2023 14:31

* Northern Technologies International Corp  NTIC.OQ 
reported
quarterly adjusted earnings of 6 cents​​ per share for the
quarter ended in November. The lone analyst forecast for the
quarter was for earnings of 11 cents per share.
    * Revenue rose 9.7% to $19.95 million from a year ago;
analysts
expected $19.50 million. 
    * Northern Technologies International Corp's reported EPS
for the
quarter was 5 cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.7%
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 1.3% this quarter.
    * The company reported quarterly net income of $502.24
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 Refinitiv data January
12 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Feb. 28 2022      0.06           0.04           Missed