Omniq Corp reports results for the quarter ended in June - Earnings Summary

Omniq

15/08/2022 15:19

* Omniq Corp  OMQS.OQ  reported a quarterly adjusted loss
of 44
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 26 cents per share.
    * Revenue rose 84.5% to $24.21 million from a year ago;
analysts
expected $25.90 million. 
    * Omniq Corp's reported EPS for the quarter was a loss of 44
cents​.
    * The mean earnings estimate of analysts had fallen by
about 47.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Omniq Corp shares had risen by 56.2% this quarter and
gained 39.0% so far this year.
    * The company reported a quarterly loss of $3.33 million.
    * Wall Street's median 12-month price target for Omniq Corp
is
$13.00 
    * 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." 

This summary was machine generated from Refinitiv data August 15
at 02:19 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.26          -0.44          Missed
 Mar. 31 2022      -0.25          -0.34          Missed
 Dec. 31 2021      -0.41          -0.34          Beat
 Sep. 30 2021      -0.27          -0.73          Missed