Renovare Environmental Inc expected to post a loss of 7  cents a share - Earnings Preview

Renovare Environmental

20/05/2022 21:12

* Renovare Environmental Inc  RENO.OQ   RENO.O  is expected
to show a fall in quarterly revenue when it reports  results on
May 22 (estimated). 
    * The Chestnut Ridge New York-based  company is expected to
report
 a 44.1% decrease in revenue to $1.7 million from $3.04 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Renovare
Environmental
Inc is for a loss of 7 cents per share. For the same quarter
last year, the company reported a loss of 7 cents per share.
    * The current average analyst rating on the shares is "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 Renovare
Environmental Inc is $3​, above​ its last closing price
of $0.27. ​​​

This summary was machine generated May 20 at 20:12 GMT.  All
figures in US dollars  unless otherwise stated