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

Rockwell Medical

15/05/2023 12:01

* Rockwell Medical Inc  RMTI.OQ  reported a quarterly
adjusted
loss of 10 cents​​ per share for the quarter ended in March. The
mean expectation of two analysts for the quarter was for a loss
of 16 cents per share.
    * Revenue rose 22% to $19.67 million from a year ago;
analysts
expected $19.12 million. 
    * Rockwell Medical Inc's reported EPS for the quarter was a
loss
of 10 cents​.
    * The mean earnings estimate of analysts had risen by
about 41.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Rockwell Medical Inc shares had risen by 35.4% this
quarter and
gained 141.4% so far this year.
    * The company reported a quarterly loss of $1.75 million.
    * Wall Street's median 12-month price target for Rockwell
Medical
Inc is $5.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
15 at 11:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.81          -0.56          Beat