Northern Technologies International Corp reports results for the quarter ended February 28 - Earnings Summary

• Northern Technologies International Corp NTIC.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of 18 cents. The lone analyst forecast for the quarter was for earnings of 6 cents per share.

• Revenue fell 8.5% to $19.07 million from a year ago; analysts expected $20.20 million.

• Northern Technologies International Corp's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $434 thousand.

• Northern Technologies International Corp shares had fallen by 6.4% this quarter and lost 27.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 62.5% 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 industrial machinery & equipment peer group is also "buy"

• Wall Street's median 12-month price target for Northern Technologies International Corp is $20.00

This summary was machine generated from LSEG data April 10 at 01:30 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)