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

Sono-Tek

06/01/2023 11:06

* Sono-Tek Corp  SOTK.OQ   SOTK.O  is expected to show a
fall in
quarterly revenue when it reports  results on January 10
(estimated). 
    * The Milton New York-based  company is expected to report 
a
14.0% decrease in revenue to $3.8 million from $4.42 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sono-Tek
Corp is
$10​, above​ its last closing price of $6.33. ​​​

This summary was machine generated January 6 at 11:06 GMT.  All
figures in US dollars  unless otherwise stated