RF Industries Ltd reports results for the quarter ended in January

• RF Industries Ltd RFIL reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported breakeven earnings per share. The lone analyst forecast for the quarter was for a loss of 6 cents per share.

• Revenue fell 26.6% to $13.46 million from a year ago; analysts expected $14.49 million.

• RF Industries Ltd’s reported EPS for the quarter was a loss of 13 cents​.

• The company reported a quarterly loss of $1.36 million.

• RF Industries Ltd shares had risen by 1.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 209.1% 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 1 “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 RF Industries Ltd is $4.25

This summary was machine generated from LSEG data March 18 at 09:56 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)