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

Sono-Tek

09/07/2024 13:43

* Sono-Tek Corp  SOTK.OQ   SOTK.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 11
(estimated) for the period ending May 31 2024
    * The Milton New York-based  company is expected to report a
33.6% increase in revenue to $4.814 million from $3.6 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.The company's guidance on May 23 2024, for the
period ended May 31, was for revenue of $4.684 million.
    * ​LSEG's mean analyst estimate for Sono-Tek Corp is for
earnings
of 1 cent per share. 
    * 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."  
    * 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
$9.88​, above​ its last closing price of $4.00. ​​​

This summary was machine generated July 9 at 12:43 GMT.  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)