Sono-Tek Corp reports results for the quarter ended in August - Earnings Summary

Sono-Tek

17/10/2022 22:43

* Sono-Tek Corp  SOTK.OQ  reported quarterly adjusted
earnings of
1 cent​​ per share for the quarter ended in August. The lone
analyst forecast for the quarter was for earnings of one cent
per share.
    * Revenue fell 7.6% to $3.76 million from a year ago;
analysts
expected $3.61 million. 
    * Sono-Tek Corp's reported EPS for the quarter was 1 cent​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sono-Tek Corp shares had risen by 6.6% this quarter and
gained 0.7% so far this year.
    * The company reported quarterly net income of $162
thousand.
    * Wall Street's median 12-month price target for Sono-Tek
Corp is
$8.00 
    * 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." 

This summary was machine generated from Refinitiv data October
17 at 09:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      0.01           0.01           Met
 Nov. 30 2021      0.02           0.02           Met