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

Sono-Tek

13/07/2023 22:01

* Sono-Tek Corp  SOTK.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in May. The lone analyst
forecast for the quarter was for breakeven results per share.
    * Revenue was $3.60 million​; analysts expected $3.56
million. 
    * Sono-Tek Corp's reported EPS for the quarter was breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 100%
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 fallen by 2.7% this quarter and
lost 18.1% so far this year.
    * The company reported quarterly net income of $53 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 July
13 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      0.00           0.00           Met
 Feb. 28 2023      0.01           0.00           Missed
 Nov. 30 2022      0.01           0.01           Met
 Aug. 31 2022      0.01           0.01           Met