Ultralife Corp expected to post a loss of 10 cents a share - Earnings Preview

Ultralife

25/04/2023 19:31

* Ultralife Corp  ULBI.OQ   ULBI.O  is expected to show a
fall in
quarterly revenue when it reports  results on April 27. 
    * The Newark New York New York-based  company is expected to
report  a 11.1% decrease in revenue to $27 million from $30.37
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ultralife Corp is
for a
loss of 10 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the electrical
components & equipment peer group is also "Buy".​
    * Wall Street's median 12-month price target for Ultralife
Corp is
$12​, above​ its last closing price of $4.05. ​​​

This summary was machine generated April 25 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated