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

Wrap Technologies

10/08/2022 22:03

* Wrap Technologies Inc  WRAP.OQ  reported a quarterly
adjusted
loss of 12 cents​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was for a
loss of 13 cents per share.
    * Revenue fell 39.8% to $1.17 million from a year ago;
analysts
expected $1.88 million. 
    * Wrap Technologies Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Wrap Technologies Inc shares had fallen by 1.1% this
quarter and
lost 53.2% so far this year.
    * The company reported a quarterly loss of $4.79 million.
    * Wall Street's median 12-month price target for Wrap
Technologies
Inc is $3.63 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.13          -0.12          Beat
 Mar. 31 2022      -0.12          -0.13          Missed
 Dec. 31 2021      -0.14          -0.13          Beat
 Sep. 30 2021      -0.16          -0.15          Beat