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

S&W Seed Co

14/05/2024 17:00

* S&W Seed Co  SANW.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of -7
cents.  The lone analyst forecast for the quarter was for a loss
of 10 cents per share. 
    * Revenue rose 3.8% to $18.32 million from a year ago;
analysts
expected $21.00 million. 
    * S&W Seed Co's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $5.62 million.
    * S&W Seed Co shares had fallen by 19.4% this quarter and
lost 44.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.1%
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
$2.50 
This summary was machine generated from LSEG data May 14 at
04:00 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
 Mar. 31 2024      -0.10          -0.10          Met
 Dec. 31 2023      -0.11          -0.13          Missed
 Sep. 30 2023      -0.10          -0.11          Missed
 Jun. 30 2023      -0.09          -0.13          Missed