RiceBran Technologies expected to post a loss of 2 cents a share - Earnings Preview

RiceBran Technologies

31/07/2021 01:50

* RiceBran Technologies  RIBT.OQ   RIBT.O  is expected to show a
rise in quarterly revenue when it reports results on August 3. 
* The Tomball, Texas-based company is expected to report   a
43.5% increase in revenue to $8.468 million from $5.9 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
​* Refinitiv's mean analyst estimate for RiceBran Technologies
is for a loss of 2 cents per share. For the same quarter last
year, the company reported a loss of 10 cents per share.
* 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 mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for RiceBran
Technologies is $1.5​, about 34.1% above​ its last closing price
of $0.99. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021              -0.04      -0.03     Beat    25
 Dec. 31 2020  -0.06       -0.06      -0.05     Beat    16.7
 Sep. 30 2020  -0.07       -0.07      -0.07     Met     0​
 Jun. 30 2020  -0.06       -0.06      -0.10     Missed  -66.7
 Mar.          -0.07​      -0.07      -0.08     Missed  -14.3​
 31​ 2020​                                              
 Dec. 31 2019  -0.12       -0.12      -0.11     Beat    8.3​
 Sep. 30 2019  -0.09       -0.09      -0.10     Missed  -11.1
 Jun. 30 2019              -0.07      -0.11     Missed  -57.1
 This summary was machine generated July 31 at 00:50 GMT.  All
figures in US dollars unless otherwise stated