Pro-Dex Inc reports results for the quarter ended in September 30 - Earnings Summary

Pro-Dex

01/11/2024 03:34

* Pro-Dex Inc  PDEX.OQ  reported quarterly adjusted earnings
of 75
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -17 cents.  The lone analyst forecast for the quarter was
for earnings of 29 cents per share. 
    * Revenue rose 24.7% to $14.89 million from a year ago;
analysts
expected $12.10 million. 
    * Pro-Dex Inc's reported EPS for the quarter was 75 cents​.
    * The company reported quarterly net income of $2.47
million.
    * Pro-Dex Inc shares had risen by 2.2% this quarter and
gained 74.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.4%
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." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Pro-Dex Inc is
30.00 
This summary was machine generated from LSEG data November 1 at
03:34 a.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
 Sep. 30 2024      0.29           0.75           Beat
 Jun. 30 2024      0.35           0.46           Beat
 Mar. 31 2024      0.35           0.19           Missed
 Dec. 31 2023      0.35           0.14           Missed