Rockwell Medical Inc expected to post a loss of 39 cents a share - Earnings Preview

Rockwell Medical

28/03/2023 13:35

* Rockwell Medical Inc  RMTI.OQ   RMTI.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 30. 
    * The Wixom Michigan-based  company is expected to report  a
6.4% increase in revenue to $16.312 million from $15.33 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rockwell Medical
Inc is
for a loss of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * 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 $4.5​, above​ its last closing price of $1.41. ​​​

This summary was machine generated March 28 at 12:35 GMT.  All
figures in US dollars  unless otherwise stated