Red Cat Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Red Cat Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Red Cat Holdings Inc RCAT.OQ reported a quarterly adjusted loss of 26 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -15 cents. The mean expectation of six analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -23 cents to -19 cents per share.
Revenue rose 527.2% to $20.19 million from a year ago; analysts expected $22.79 million.
Red Cat Holdings Inc's reported EPS for the quarter was a loss of 26 cents.
The company reported a quarterly loss of $35.26 million.
Red Cat Holdings Inc shares had fallen by 18.7% this quarter and gained 9.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 20% 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 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"
Wall Street's median 12-month price target for Red Cat Holdings Inc is $20.00, about 56.7% above its last closing price of $8.67
This summary was machine generated from LSEG data August 7 at 12:26 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 |
Jun. 30 2026 | -0.21 | -0.26 | Missed |
Mar. 31 2026 | -0.13 | -0.22 | Missed |
Dec. 31 2025 | -0.15 | -0.17 | Missed |
Sep. 30 2025 | -0.10 | -0.19 | Missed |