Rekor Systems Inc expected to post a loss of 26  cents a share - Earnings Preview

Rekor Systems

10/08/2022 03:01

* Rekor Systems Inc  REKR.OQ   REKR.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 11. 
    * The Columbia Maryland-based  company is expected to report
 a
10.8% decrease in revenue to $3.813 million from $4.27 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rekor Systems Inc
is for
a loss of 26 cents per share. For the same quarter last year,
the company reported a loss of 12 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $5​, above​ its last closing price of $1.75. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.22       -0.22      -0.29     Missed  -29.9
 Dec. 31 2022              -0.21      -0.13     Beat    38.1
 Sep. 30 2021  -0.12       -0.12      -0.23     Missed  -91.7​
 Jun. 30 2021  -0.11       -0.10      -0.12     Missed  -24.1
 ​​Mar.        -0.09       -0.09      -0.15     Missed  -66.7
 31 2021                                                
 Dec. 31 2020  -0.11       -0.10      -0.11     Missed  -13.8​
 Sep. 30 2020  -0.09       -0.09      -0.23     Missed  -155.6
 Jun. 30 2020  -0.12       -0.12      -0.16     Missed  -33.3
 This summary was machine generated August 10 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated