VirTra Inc reports results for the quarter ended in June - Earnings Summary

Virtra

13/08/2024 02:18

* VirTra Inc  VTSI.OQ  reported quarterly adjusted earnings
of 11
cents​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of 9
cents.  The mean expectation of two analysts for the quarter was
for earnings of 11 cents per share. Wall Street expected
results to range from 10 cents to 12 cents per share.
    * Revenue fell 41.2% to $6.08 million from a year ago;
analysts
expected $8.19 million. 
    * VirTra Inc's reported EPS for the quarter was 11 cents​.
    * The company reported quarterly net income of $1.2 million.
    * VirTra Inc shares had risen by 0.1% this quarter and
lost 18.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 40.5%
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 aerospace &
defense
peer group is also "buy"

Wall Street's median 12-month price target for VirTra Inc is
$17.50 
This summary was machine generated from LSEG data August 13 at
01:17 a.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
 Jun. 30 2024      0.11           0.11           Met
 Mar. 31 2024      0.12           0.11           Missed
 Dec. 31 2023      0.15           0.25           Beat
 Sep. 30 2023      -0.05          0.15           Beat