Richardson Electronics Ltd reports results for the quarter ended in August - Earnings Summary

Richardson Electronics

05/10/2022 22:01

* Richardson Electronics Ltd  RELL.OQ  reported quarterly
adjusted
earnings of 45 cents​​ per share for the quarter ended in
August. The lone analyst forecast for the quarter was
for earnings of 24 cents per share.
    * Revenue rose 25.8% to $67.56 million from a year ago;
analysts
expected $62.40 million. 
    * Richardson Electronics Ltd's reported EPS for the quarter
was 45
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Richardson Electronics Ltd shares had risen by 1.1% this
quarter and gained 12.9% so far this year.
    * Wall Street's median 12-month price target for Richardson
Electronics Ltd is $20.00 

This summary was machine generated from Refinitiv data October 5
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      0.24           0.45           Beat
 May. 31 2022      0.35           0.59           Beat