Rockwell Medical Inc expected to post a loss of 12 cents a share - Earnings Preview

Rockwell Medical

11/08/2023 11:04

* Rockwell Medical Inc  RMTI.OQ   RMTI.O  is expected
to show a
fall in quarterly revenue when it reports  results on August
14. 
    * The Wixom Michigan-based  company is expected to report  a
3.2% decrease in revenue to $18.077 million from $18.68 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rockwell Medical
Inc is
for a loss of 12 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 Rockwell
Medical
Inc is $11​, above​ its last closing price of $2.90. ​​​

This summary was machine generated August 11 at 10:04 GMT.  All
figures in US dollars  unless otherwise stated