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

Richardson Electronics

20/07/2022 22:01

* Richardson Electronics Ltd  RELL.OQ  reported quarterly
adjusted
earnings of 59 cents​​ per share for the quarter ended in May.
The lone analyst forecast for the quarter was for earnings of 35
cents per share.
    * Revenue rose 22.1% to $61.63 million from a year ago; 
analysts
expected $61.50 million. 
    * Richardson Electronics Ltd's reported EPS for the quarter
was 59
cents​.
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Richardson Electronics Ltd shares had risen by 10.8% this
quarter and gained 20.2% so far this year.
    * Wall Street's median 12-month price target for Richardson
Electronics Ltd is $20.00 

This summary was machine generated July 20 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2022      0.35           0.59           Beat
 This summary was machine generated from Refinitiv data July 20
at 09:01 p.m