Ultralife Corp reports results for the quarter ended in September - Earnings Summary

Ultralife

27/10/2022 14:33

* Ultralife Corp  ULBI.OQ  reported a quarterly adjusted
loss of 1
cent​​ per share for the quarter ended in September. The lone
analyst forecast for the quarter was for earnings of 4 cents per
share.
    * Revenue rose 52.7% to $33.23 million from a year ago;
analysts
expected $33.00 million. 
    * Ultralife Corp's reported EPS for the quarter was a loss
of 1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 60%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ultralife Corp shares had risen by 7.7% this quarter and
lost 14.2% so far this year.
    * The company reported a quarterly loss of $239 thousand.
    * Wall Street's median 12-month price target for Ultralife
Corp is
$12.00 
    * 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
27 at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.04           -0.01          Missed
 Jun. 30 2022      0.01           0.03           Beat
 Mar. 31 2022      -0.05          -0.01          Beat
 Dec. 31 2021      -0.04          -0.06          Missed