* Red Cat Holdings Inc reported a quarterly adjusted loss of 10 cents per share for the quarter ended in January, identical to the same quarter last year. The lone analyst forecast for the quarter was for a loss of 4 cents per share.
* Revenue rose 88.2% to $5.85 million from a year ago; analysts expected $5.80 million.
* Red Cat Holdings Inc's reported EPS for the quarter was a loss of 10 cents.
* The company reported a quarterly loss of $5.49 million.
* Red Cat Holdings Inc shares had fallen by 14.8% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 20% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
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 aerospace & defense peer group is also "buy"
Wall Street's median 12-month price target for Red Cat Holdings Inc is $5.00 This summary was machine generated from LSEG data March 18 at 09:00 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
Jan. 31 2024 -0.04 -0.10 Missed
Oct. 31 2023 -0.07 -0.10 Missed
Jul. 31 2023 -0.11 -0.11 Met
Apr. 30 2023 -0.06 -0.21 Missed
Comments