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

S&W Seed Co

11/05/2023 15:22

* S&W Seed Co  SANW.OQ  reported a quarterly adjusted loss
of 7
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 7
cents per share.
    * Revenue fell 23.8% to $17.66 million from a year ago;
analysts
expected $22.00 million. 
    * S&W Seed Co's reported EPS for the quarter was 74 cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * S&W Seed Co shares had fallen by 6.6% this quarter and
lost 9.4%
so far this year.
    * The company reported quarterly net income of $32.12
million.
    * Wall Street's median 12-month price target for S&W Seed Co
is
$3.75 
    * 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
11 at 02:22 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.07          -0.07          Met
 Dec. 31 2022      -0.12          -0.13          Missed
 Sep. 30 2022      -0.11          -0.10          Beat
 Jun. 30 2022      -0.04          -0.27          Missed