* Cemtrex Inc reported a quarterly adjusted loss of $1.15 per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $-3.99. The lone analyst forecast for the quarter was for a loss of 86 cents per share.
* Revenue rose 41% to $16.88 million from a year ago; analysts expected $15.79 million.
* Cemtrex Inc's reported EPS for the quarter was a loss of $1.15.
* The company reported a quarterly loss of $1.2 million.
* Cemtrex Inc shares had fallen by 27.1% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 95.5% 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the business support services peer group is also "buy"
Wall Street's median 12-month price target for Cemtrex Inc is $11.00 This summary was machine generated from LSEG data February 12 at 11:27 p.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
Dec. 31 2023 -0.86 -1.15 Missed
Sep. 30 2023 -3.59 -0.92 Beat
Jun. 30 2023 -0.34 -1.28 Missed
Mar. 31 2023 -0.11 -0.74 Missed
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