Agrify Corp reports results for the quarter ended in March - Earnings Summary

RYTHM

11/05/2022 14:33

* Agrify Corp  AGFY.OQ  reported a quarterly adjusted loss
of 36
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 33 cents per share.
    * Revenue rose 271.3% to $26.02 million from a year ago; 
analysts
expected $25.37 million. 
    * Agrify Corp's reported EPS for the quarter was a loss
of 36
cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Agrify Corp shares had fallen by 47.3% this quarter and
lost 73.5% so far this year.
    * The company reported a quarterly loss of $8.88 million.
    * Wall Street's median 12-month price target for Agrify Corp
is
$13.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 11 at 01:33 p.m.  ​All
figures in US dollars unless otherwise stated