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Redwire Corp reports results for the quarter ended December 31 - Earnings Summary

Redwire Corp RDW.N reported a quarterly adjusted loss of $1.38​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -25 cents.  The mean expectation of six analysts for the quarter was for a loss of 18 cents per share. Wall Street expected results to range from -27 cents to -14 cents per share.

Revenue rose 9.6% to $69.56 million from a year ago; analysts expected $74.82 million.

Redwire Corp's reported EPS for the quarter was a loss of $1.38​.

The company reported a quarterly loss of $92.1 million.

Redwire Corp shares had fallen by 26.7% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.1% 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 Redwire Corp is $26.50

This summary was machine generated from LSEG data March 10 at 09:00 p.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.18-1.38Missed
Sep. 30 2024-0.14-0.37Missed
Jun. 30 2024-0.11-0.42Missed
Mar. 31 2024-0.11-0.17Missed

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