RF Industries Ltd reports results for the quarter ended October 31 - Earnings Summary

RF Industries

16/01/2025 22:02

* RF Industries Ltd  RFIL.OQ  reported quarterly adjusted
earnings
of 4 cents​​ per share for the quarter ended October 31, higher
than the same quarter last year, when the company reported EPS
of -1 cents.  The lone analyst forecast for the quarter was
for earnings of 6 cents per share. 
    * Revenue rose 16.2% to $18.45 million from a year ago;
analysts
expected $17.85 million. 
    * RF Industries Ltd's reported EPS for the quarter was a
loss of 2
cents​.
    * The company reported a quarterly loss of $238 thousand.
    * RF Industries Ltd shares had risen by 5.1% this quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the electrical
components & equipment peer group is also "buy"

Wall Street's median 12-month price target for RF Industries Ltd
is $4.50 
This summary was machine generated from LSEG data January 16 at
10:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      0.06           0.04           Missed
 Jul. 31 2024      0.06           -0.01          Missed
 Apr. 30 2024      -0.02          0.01           Beat
 Jan. 31 2024      -0.06          -0.06          Met