Red Cat Holdings Inc expected to post a loss of 9 cents a share - Earnings Preview

Red Cat Holdings

11/12/2024 11:02

* Red Cat Holdings Inc  RCAT.OQ   RCAT.O  is expected
to show a
rise in quarterly revenue when it reports  results on December
16 for the period ending October 31 2024
    * The San Juan Puerto Rico-based   company is expected to
report a
5.0% increase in revenue to $4.127 million from $3.93 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
"strong buy"
and the breakdown of recommendations is 2 "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 $7.00​, below​ its last closing price of $7.70. ​​​

This summary was machine generated December 11 at 11:01 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)