Renovare Environmental Inc reports results for the quarter ended in December - Earnings Summary

Renovare Environmental

19/04/2022 02:05

* Renovare Environmental Inc  RENO.OQ  reported a quarterly
adjusted loss of 62 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for a loss of 7 cents per share.
    * Revenue fell 46.9% to $1.33 million from a year ago; 
analysts
expected $3.01 million. 
    * Renovare Environmental Inc's reported EPS for the quarter
was a
loss of 62 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Renovare Environmental Inc shares had fallen by 19.9% this
quarter and lost 37.2% so far this year.
    * The company reported a quarterly loss of $17.4 million.
    * Wall Street's median 12-month price target for Renovare
Environmental Inc is $3.00 
    * 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." 

This summary was machine generated April 19 at 01:04 a.m.  ​All
figures in US dollars unless otherwise stated