RF Industries Ltd reports results for the quarter ended January 31 - Earnings Summary

• RF Industries Ltd RFIL.OQ reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The lone analyst forecast for the quarter was for earnings of 3 cents per share.

• Revenue rose 42.7% to $19.20 million from a year ago; analysts expected $18.46 million.

• RF Industries Ltd's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $245 thousand.

• RF Industries Ltd shares had fallen by 0.5% this quarter.

FORECAST CHANGES

• 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 $6.00

This summary was machine generated from LSEG data March 17 at 09:37 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)