Rockwell Medical Inc reports results for the quarter ended in June - Earnings Summary

Rockwell Medical

14/08/2023 12:02

* Rockwell Medical Inc  RMTI.OQ  reported a quarterly
adjusted
loss of 18 cents​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of 12 cents
per share.
    * Revenue fell 3.2% to $18.08 million from a year ago;
analysts
expected $18.08 million. 
    * Rockwell Medical Inc's reported EPS for the quarter was a
loss
of 18 cents​.
    * The mean earnings estimate of analysts had risen by
about 17.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Rockwell Medical Inc shares had fallen by 45.4% this
quarter and
gained 193.6% so far this year.
    * The company reported a quarterly loss of $3.31 million.
    * Wall Street's median 12-month price target for Rockwell
Medical
Inc is $11.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 11:02 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.12          -0.18          Missed
 Mar. 31 2023      -0.16          -0.10          Beat
 Dec. 31 2022      -0.39          -0.20          Beat
 Sep. 30 2022      -0.48          -0.40          Beat