Sono-Tek Corp expected to post earnings of 1 cent a share - Earnings Preview

Sono-Tek

14/10/2022 21:30

* Sono-Tek Corp  SOTK.OQ   SOTK.O  is expected to show a
fall in
quarterly revenue when it reports  results on October 17. 
    * The Milton New York-based  company is expected to report 
a
11.3% decrease in revenue to $3.611 million from $4.07 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sono-Tek Corp is
for
earnings of 1 cent per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "Buy".​
    * Wall Street's median 12-month price target for Sono-Tek
Corp is
$8​, above​ its last closing price of $7.50. ​​​

This summary was machine generated October 14 at 20:30 GMT.  All
figures in US dollars  unless otherwise stated