RF Industries Ltd reports results for the quarter ended in July - Earnings Summary

RF Industries

14/09/2023 22:49

* RF Industries Ltd  RFIL.OQ  reported a quarterly adjusted
loss
of 8 cents​​ per share for the quarter ended in July. The lone
analyst forecast for the quarter was for earnings of 8 cents per
share.
    * Revenue fell 34.4% to $15.65 million from a year ago;
analysts
expected $21.45 million. 
    * RF Industries Ltd's reported EPS for the quarter was a
loss
of 16 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * RF Industries Ltd shares had fallen by 12.0% this
quarter and
lost 29.0% so far this year.
    * The company reported a quarterly loss of $1.65 million.
    * Wall Street's median 12-month price target for RF
Industries Ltd
is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 14 at 09:49 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.08           -0.08          Missed
 Apr. 30 2023      0.03           0.13           Beat
 Jan. 31 2023      0.10           0.00           Missed
 Oct. 31 2022      0.11           0.15           Beat