Redwire Corp reports results for the quarter ended December 31 - Earnings Summary

• Redwire Corp RDW.N reported a quarterly adjusted loss of $1.38​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -25 cents. The mean expectation of six analysts for the quarter was for a loss of 18 cents per share. Wall Street expected results to range from -27 cents to -14 cents per share.

• Revenue rose 9.6% to $69.56 million from a year ago; analysts expected $74.82 million.

• Redwire Corp's reported EPS for the quarter was a loss of $1.38​.

• The company reported a quarterly loss of $92.1 million.

• Redwire Corp shares had fallen by 26.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.1% 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 6 "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 Redwire Corp is $26.50

This summary was machine generated from LSEG data March 10 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)