Rekor Systems Inc expected to post a loss of 11 cents a share - Earnings Preview

Rekor Systems

13/05/2024 21:26

* Rekor Systems Inc  REKR.OQ   REKR.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 15 for the
period ending March 31 2024
    * The Columbia Maryland-based  company is expected to report
a
110.8% increase in revenue to $13.035 million from $6.19 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 11 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 had risen by
about 12.5%
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 $1.68. ​​​

This summary was machine generated May 13 at 20:26 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)