Real Good Food Company Inc expected to post a loss of 24 cents a share - Earnings Preview

Real Good Food

10/05/2023 14:05

* Real Good Food Company Inc  RGF.OQ   RGF.O  is expected
to show
a fall in quarterly revenue when it reports  results on May 12. 
    * The Cherry Hill New Jersey-based  company is expected to
report 
a 30.5% decrease in revenue to $26.119 million from $37.58
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Real Good Food
Company
Inc is for a loss of 24 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "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 Real Good
Food
Company Inc is $10​, above​ its last closing price of $3.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022              -0.07      -0.79     Missed  -953.3
 Sep. 30 2022  -0.18       -0.18      -0.51     Missed  -175.7
 Jun. 30 2022  -0.22       -0.22      -0.10     Beat    53.9​
 Mar. 31 2022  -0.21       -0.21      -0.37     Missed  -72.1
 ​​Dec.        -0.19       -0.19      -1.28     Missed  -586.2
 31 2021                                                
 Sep. 30 2021  -0.23       -0.23      -0.19     Beat    17.4​
 This summary was machine generated May 10 at 13:05 GMT.  All
figures in US dollars  unless otherwise stated