* SKYX Platforms Corp reported a quarterly adjusted loss of 8 cents per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -10 cents to -7 cents per share.
* Revenue rose 2.5% to $22.17 million from a year ago; analysts expected $23.41 million.
* SKYX Platforms Corp's reported EPS for the quarter was a loss of 8 cents.
* The company reported a quarterly loss of $8.62 million.
* SKYX Platforms Corp shares had risen by 48.5% this quarter and lost 21.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 7% 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 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for SKYX Platforms Corp is 2.90 This summary was machine generated from LSEG data November 13 at 02:24 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
Sep. 30 2024 -0.09 -0.08 Beat
Jun. 30 2024 -0.10 -0.08 Beat
Mar. 31 2024 -0.09 -0.10 Missed
Dec. 31 2023 -0.08 -0.14 Missed
Comments