Cemtrex Inc expected to post a loss of 86 cents a share - Earnings Preview

Reuters02-09

* Cemtrex Inc is expected to show a rise in quarterly revenue when it reports results on February 12 (estimated) for the period ending December 31 2023

* The Brooklyn New York-based company is expected to report a 31.9% increase in revenue to $15.792 million from $11.97 million a year ago, according to the estimate from one analyst, based on LSEG data.

* LSEG's mean analyst estimate for Cemtrex Inc is for a loss of 86 cents per share.

* The one available analyst rating on the shares is "buy".

* The mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Cemtrex Inc is $11.00, above its last closing price of $3.20.

This summary was machine generated February 9 at 11:15 GMT. 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)

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