Omniq Corp expected to post a loss of 25  cents a share - Earnings Preview

Omniq

10/05/2022 19:33

* Omniq Corp  OMQS.OQ   OMQS.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 12
(estimated). 
    * The Salt Lake City Utah-based  company is expected to
report  a
26.2% increase in revenue to $24.933 million from $19.75 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Omniq Corp is for a
loss
of 25 cents per share. For the same quarter last year, the
company reported a loss of 70 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Omniq Corp
is
$14.5​, above​ its last closing price of $5.68. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.38       -0.41      -0.34     Beat    17.1
 Sep. 30 2021  -0.27       -0.27      -0.73     Missed  -170.4
 Jun. 30 2021  -0.64       -0.64      -0.53     Beat    17.2​
 Mar. 31 2021  -0.42       -0.42      -0.70     Missed  -66.7
 ​​                                                     
 Sep. 30 2020              -0.15      -0.83     Missed  -453.3
                                                        ​
 Jun. 30 2020  -0.18       -0.18      -0.49     Missed  -172.2
 This summary was machine generated May 10 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated