S&W Seed Co reports results for the quarter ended in June 30 - Earnings Summary

S&W Seed Co

01/11/2024 14:22

* S&W Seed Co  SANW.OQ  reported a quarterly adjusted loss
of
$5.31​​ per share for the quarter ended June 30, lower than the
same quarter last year, when the company reported EPS of
$-2.47.  The lone analyst forecast for the quarter was for a
loss of $1.90 per share. 
    * Revenue fell 35.7% to $14.82 million from a year ago;
analysts
expected $23.00 million. 
    * S&W Seed Co's reported EPS for the quarter was a loss of
$5.31​.
    * The company reported a quarterly loss of $12.24 million.
    * S&W Seed Co shares had fallen by 34.6% this quarter and
lost 82.7% 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the fishing &
farming
peer group is also "buy"

Wall Street's median 12-month price target for S&W Seed Co is
38.00 
This summary was machine generated from LSEG data November 1 at
02:22 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
 Jun. 30 2024      -1.90          -5.31          Missed
 Mar. 31 2024      -1.90          -2.47          Missed
 Dec. 31 2023      -2.09          -2.47          Missed
 Sep. 30 2023      -1.90          -2.09          Missed