Real Good Food Company Inc reports results for the quarter ended in March - Earnings Summary

Real Good Food

12/05/2023 14:32

* Real Good Food Company Inc  RGF.OQ  reported a quarterly
adjusted loss of 53 cents​​ per share for the quarter ended in
March. The mean expectation of four analysts for the quarter was
for a loss of 24 cents per share.
    * Revenue fell 20.7% to $29.80 million from a year ago;
analysts
expected $26.12 million. 
    * Real Good Food Company Inc's reported EPS for the quarter
was a
loss of 53 cents​.
    * The mean earnings estimate of analysts had fallen by
about 231.5% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Real Good Food Company Inc shares had fallen by 14.5% this
quarter and lost 45.6% so far this year.
    * The company reported a quarterly loss of $3.69 million.
    * Wall Street's median 12-month price target for Real Good
Food
Company Inc is $10.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
12 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.24          -0.53          Missed
 Dec. 31 2022      -0.07          -0.79          Missed
 Sep. 30 2022      -0.18          -0.51          Missed
 Jun. 30 2022      -0.22          -0.10          Beat