Rockwell Medical Inc expected to post earnings of 1 cent a share - Earnings Preview

Rockwell Medical

08/11/2024 15:45

* Rockwell Medical Inc  RMTI.OQ   RMTI.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
11 for the period ending September 30 2024
    * The Wixom Michigan-based  company is expected to report a
11.5% increase in revenue to $26.499 million from $23.77 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Rockwell Medical Inc is
for
earnings of 1 cent 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 $7.50​, above​ its last closing price of $4.19. ​​​

This summary was machine generated November 8 at 15:44 GMT.  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)