Richardson Electronics Ltd reports results for the quarter ended May 31 - Earnings Summary
Richardson Electronics Ltd reports results for the quarter ended May 31 - Earnings Summary
Richardson Electronics Ltd RELL.OQ reported quarterly adjusted earnings of 25 cents per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of two analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 6 cents to 7 cents per share.
Revenue rose 27.6% to $66.20 million from a year ago; analysts expected $56.27 million.
Richardson Electronics Ltd's reported EPS for the quarter was 25 cents.
The company reported quarterly net income of $3.7 million.
Richardson Electronics Ltd shares had fallen by 9.6% this quarter and gained 57.9% so far this year.
FORECAST CHANGES
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.
RECOMMENDATIONS
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." The average consensus recommendation for the electronic equipment & parts peer group is "buy."
Wall Street's median 12-month price target for Richardson Electronics Ltd is $14.50, about 24.2% below its last closing price of $18.01
This summary was machine generated from LSEG data July 22 at 10:05 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
May. 31 2026 | 0.07 | 0.25 | Beat |
Feb. 28 2026 | 0.05 | 0.07 | Beat |
Nov. 30 2025 | -0.01 | -0.01 | Met |
Aug. 31 2025 | 0.02 | 0.13 | Beat |
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