Richardson Electronics Ltd reports results for the quarter ended November 30 - Earnings Summary

Richardson Electronics

07/01/2025 23:02

* Richardson Electronics Ltd  RELL.OQ  reported a quarterly
adjusted loss of 5 cents​​ per share for the quarter ended
November 30, higher than the same quarter last year, when the
company reported EPS of -13 cents.  The mean expectation of
two analysts for the quarter was for a loss of 2 cents per
share. Wall Street expected results to range from -7 cents to 3
cents per share.
    * Revenue rose 12.1% to $49.49 million from a year ago;
analysts
expected $51.31 million. 
    * Richardson Electronics Ltd's reported EPS for the quarter
was a
loss of 5 cents​.
    * The company reported a quarterly loss of $751 thousand.
    * Richardson Electronics Ltd shares had risen by 6.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 126.7% 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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electronic
equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Richardson
Electronics Ltd is $15.50 
This summary was machine generated from LSEG data January 7 at
11:01 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
 Nov. 30 2024      -0.02          -0.05          Missed
 Aug. 31 2024      -0.01          0.04           Beat
 May. 31 2024      -0.04          -0.01          Beat
 Feb. 29 2024      0.02           0.05           Beat