Omniq Corp expected to post a loss of 35 cents a share - Earnings Preview

Omniq

12/08/2023 03:01

* Omniq Corp  OMQS.OQ   OMQS.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 14. 
    * The Salt Lake City Utah-based  company is expected to
report  a
18.1% increase in revenue to $28.6 million from $24.21 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Omniq Corp is for a
loss
of 35 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
$12​, above​ its last closing price of $2.81. ​​​

This summary was machine generated August 12 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated