Rekor Systems Inc expected to post a loss of 27 cents a share - Earnings Preview

Rekor Systems

11/11/2022 22:04

* Rekor Systems Inc  REKR.OQ   REKR.O  is expected to show a
rise
in quarterly revenue when it reports  results on November 14. 
    * The Columbia Maryland-based  company is expected to report
 a
158.1% increase in revenue to $6.75 million from $2.62 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 27 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 $0.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.26       -0.26      -0.33     Missed  -25.3
 Mar. 31 2022  -0.22       -0.22      -0.29     Missed  -29.9
 Dec. 31 2021              -0.21      -0.13     Beat    38.1​
 Sep. 30 2021  -0.12       -0.12      -0.23     Missed  -91.7
 ​​Jun.        -0.11       -0.10      -0.12     Missed  -24.1
 30 2021                                                
 Mar. 31 2021  -0.09       -0.09      -0.15     Missed  -66.7​
 Dec. 31 2020  -0.11       -0.10      -0.11     Missed  -13.8
 Sep. 30 2020  -0.09       -0.09      -0.23     Missed  -155.6
 This summary was machine generated November 11 at 22:04 GMT. 
All figures in US dollars  unless otherwise stated