Rekor Systems Inc expected to post a loss of 10 cents a share - Earnings Preview

Rekor Systems

22/03/2024 20:48

* Rekor Systems Inc  REKR.OQ   REKR.O  is expected to show a
rise
in quarterly revenue when it reports  results on March 25 for
the period ending December 31 2023
    * The Columbia Maryland-based  company is expected to report
a
135.7% increase in revenue to $10.724 million from $4.55 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Rekor Systems Inc is for
a
loss of 10 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 Rekor
Systems Inc
is $4.50​, above​ its last closing price of $1.95. ​​​

This summary was machine generated March 22 at 20:48 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)