Redwire Corp RDW.N, RDW is expected to show a rise in quarterly revenue when it reports results on March 10 for the period ending December 31 2024
The Jacksonville Florida-based company is expected to report a 17.9% increase in revenue to $74.822 million from $63.49 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
LSEG's mean analyst estimate for Redwire Corp is for a loss of 18 cents per share.
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 mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Redwire Corp is $26.50, above its last closing price of $12.36.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.14
-0.14
-0.37
Missed
-164.3
Jun. 30 2024
-0.12
-0.11
-0.42
Missed
-296.2
Mar. 31 2024
-0.09
-0.11
-0.17
Missed
-57.4
Dec. 31 2023
-0.10
-0.12
-0.25
Missed
-112.8
Sep. 30 2023
-0.13
-0.14
-0.14
Met
2.3
Jun. 30 2023
-0.16
-0.16
-0.16
Met
0
Mar. 31 2023
-0.18
-0.18
-0.18
Met
0
Dec. 31 2022
-0.13
-0.43
Missed
-230.8
This summary was machine generated March 7 at 20:58 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)