Omniq Corp expected to post a loss of 27 cents a share - Earnings Preview

Omniq

09/11/2021 03:07

* Omniq Corp  OMQS.OQ   OMQS.O  is expected to show a rise in
quarterly revenue when it reports  results on November 10
(estimated). 
* The Salt Lake City, Utah-based company is expected to report 
a 55.5% increase in revenue to $24.625 million from $15.83
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Omniq Corp is for a
loss of 27 cents per share. For the same quarter last year, the
company reported a loss of 83 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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
$17.5​, about 44.8% above​ its last closing price of $9.66. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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.        -0.18       -0.18      -0.49     Missed  -172.2
 30 2020                                                
                                                        ​
 This summary was machine generated November 9 at 03:06 GMT.  All
figures in US dollars unless otherwise stated