Sono-Tek Corp reports results for the quarter ended November 30 - Earnings Summary

Sono-Tek

14/01/2025 14:31

* Sono-Tek Corp  SOTK.OQ  reported quarterly adjusted
earnings of
2 cents​​ per share for the quarter ended November 30, lower
than the same quarter last year, when the company reported EPS
of 4 cents.  The mean expectation of two analysts for the
quarter was for earnings of 2 cents per share. 
    * Revenue fell 8.8% to $5.19 million from a year ago;
analysts
expected $5.11 million. 
    * Sono-Tek Corp's reported EPS for the quarter was 2 cents​.
    * The company reported quarterly net income of $274
thousand.
    * Sono-Tek Corp shares had fallen by 6.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 20%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Sono-Tek Corp is
$8.38 
This summary was machine generated from LSEG data January 14 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2024      0.02           0.02           Met
 Aug. 31 2024      0.02           0.02           Met
 May. 31 2024      0.01           0.02           Beat
 Feb. 29 2024      0.01           0.01           Met