RiceBran Technologies reports results for the quarter ended in June - Earnings Summary

RiceBran Technologies

12/08/2022 01:09

* RiceBran Technologies  RIBT.OQ  reported a quarterly
adjusted
loss of 5 cents​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of 3 cents
per share.
    * Revenue rose 34.5% to $10.19 million from a year ago;
analysts
expected $8.31 million. 
    * RiceBran Technologies's reported EPS for the quarter was a
loss
of 5 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. 
    * RiceBran Technologies shares had fallen by 49.5% this
quarter and lost 3.0% so far this year.
    * The company reported a quarterly loss of $2.62 million.
    * Wall Street's median 12-month price target for RiceBran
Technologies is $0.65 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 12
at 12:09 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.03          -0.05          Missed
 Mar. 31 2022      -0.03          -0.03          Met
 Dec. 31 2021      -0.04          -0.03          Beat
 Sep. 30 2021      -0.03          -0.05          Missed