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

Sono-Tek

25/05/2023 14:32

* Sono-Tek Corp  SOTK.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in February. The lone analyst
forecast for the quarter was for earnings of one cent per share.
    * Revenue fell 26.8% to $3.66 million from a year ago;
analysts
expected $4.00 million. 
    * Sono-Tek Corp's reported EPS for the quarter was breakeven
results​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Sono-Tek Corp shares had risen by 9.0% this quarter and
lost 12.8% so far this year.
    * The company reported quarterly net income of $64 thousand.
    * Wall Street's median 12-month price target for Sono-Tek
Corp is
$10.00 
    * 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 LSEG Refinitiv data May
25 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 28 2023      0.01           0.00           Missed
 Nov. 30 2022      0.01           0.01           Met
 Aug. 31 2022      0.01           0.01           Met