Rockwell Medical Inc reports results for the quarter ended September 30 - Earnings Summary

Rockwell Medical

12/11/2024 13:38

* Rockwell Medical Inc  RMTI.OQ  reported quarterly adjusted
earnings of 5 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of -7 cents.  The mean expectation of two analysts
for the quarter was for earnings of one cent per share. 
    * Revenue rose 19.1% to $28.32 million from a year ago;
analysts
expected $26.50 million. 
    * Rockwell Medical Inc's reported EPS for the quarter was 5
cents​.
    * The company reported quarterly net income of $1.66
million.
    * Rockwell Medical Inc shares had risen by 17.1% this
quarter and
gained 146.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the
pharmaceuticals
peer group is also "buy"

Wall Street's median 12-month price target for Rockwell Medical
Inc is 7.50 
This summary was machine generated from LSEG data November 12 at
01:38 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.01           0.05           Beat
 Jun. 30 2024      -0.03          0.01           Beat
 Mar. 31 2024      -0.04          -0.06          Missed
 Dec. 31 2023      -0.07          -0.05          Beat