Red Cat Holdings Inc expected to post a loss of 9 cents a share - Earnings Preview
14/03/2025 11:23
Red Cat Holdings Inc RCAT.OQ RCAT.O is expected to show a rise in quarterly revenue when it reports results on March 17 (estimated) for the period ending January 31 2025 The San Juan Puerto Rico-based company is expected to report a 28.0% increase in revenue to $7.485 million from $5.85 million a year ago, according to the estimate from one analyst, based on LSEG data. LSEG's mean analyst estimate for Red Cat Holdings Inc is for a loss of 9 cents per share. 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." The mean earnings estimate of analysts was unchanged in the last three months. Wall Street's median 12-month price target for Red Cat Holdings Inc is $14.00, above its last closing price of $4.92. This summary was machine generated March 14 at 11:23 GMT. 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)