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

Wrap Technologies

09/11/2022 22:40

* Wrap Technologies Inc  WRAP.OQ  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in September.
The mean expectation of two analysts for the quarter was for a
loss of 9 cents per share.
    * Revenue fell 5.8% to $1.70 million from a year ago;
analysts
expected $2.35 million. 
    * Wrap Technologies Inc's reported EPS for the quarter was a
loss
of 9 cents​.
    * The mean earnings estimate of analysts had risen by
about 28.9%
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 17.5% this
quarter and lost 64.1% so far this year.
    * The company reported a quarterly loss of $3.87 million.
    * Wall Street's median 12-month price target for Wrap
Technologies
Inc is $2.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 10:39 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.09          -0.09          Met
 Jun. 30 2022      -0.13          -0.12          Beat
 Mar. 31 2022      -0.12          -0.13          Missed
 Dec. 31 2021      -0.14          -0.13          Beat