Rockwell Medical Inc expected to post earnings of 2 cents a share - Earnings Preview

Rockwell Medical

18/03/2025 10:03

Rockwell Medical Inc RMTI.OQ RMTI.O is expected to show a rise in quarterly revenue when it reports  results on March 20 for the period ending December 31 2024

The Wixom Michigan-based  company is expected to report a 7.1% increase in revenue to $23.653 million from $22.09 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on November 12 2024, for the period ended December 31, was for revenue between $23.00 million and $25.00 million.

​LSEG's mean analyst estimate for Rockwell Medical Inc is for earnings of 2 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 $6.50​, above​ its last closing price of $1.77. ​​​

This summary was machine generated March 18 at 10:02 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)