Pro-Dex Inc reports results for the quarter ended in March - Earnings Summary

Pro-Dex

02/05/2024 23:07

* Pro-Dex Inc  PDEX.OQ  reported quarterly adjusted earnings
of 19
cents​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of 36
cents.  The lone analyst forecast for the quarter was
for earnings of 35 cents per share. 
    * Revenue rose 9.3% to $14.29 million from a year ago;
analysts
expected $13.20 million. 
    * Pro-Dex Inc's reported EPS for the quarter was 19 cents​.
    * The company reported quarterly net income of $655
thousand.
    * Pro-Dex Inc shares had risen by 5.7% this quarter and
gained 6.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Pro-Dex Inc
is
$27.00 

This summary was machine generated from LSEG data May 2 at 10:06
p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.35           0.19           Missed
 Dec. 31 2023      0.35           0.14           Missed
 Sep. 30 2023      0.32           -0.17          Missed
 Jun. 30 2023      0.33           0.42           Beat