Richardson Electronics Ltd expected to post a loss of 2 cents a share - Earnings Preview

Richardson Electronics

03/01/2025 22:03

* Richardson Electronics Ltd  RELL.OQ   RELL.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 7 for the period ending November 30 2024
    * The Lafox Illinois-based  company is expected to report a
16.3% increase in revenue to $51.31 million from $44.13 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Richardson Electronics
Ltd is
for a loss of 2 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Richardson
Electronics Ltd is $15.50​, above​ its last closing price
of $14.15. ​​​

This summary was machine generated January 3 at 22:02 GMT.  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)