Omniq Corp expected to post a loss of 26 cents a share - Earnings Preview

Omniq

26/03/2024 21:02

* Omniq Corp  OMQS.OQ   OMQS.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 28
(estimated) for the period ending December 31 2023
    * The Salt Lake City Utah-based  company is expected to
report a
34.6% decrease in revenue to $16.353 million from $25.01 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Omniq Corp is for a loss
of 26
cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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
$6.00​, above​ its last closing price of $0.51. ​​​

This summary was machine generated March 26 at 21:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)