Pro-Dex Inc reports results for the quarter ended March 31 - Earnings Summary

• Pro-Dex Inc PDEX.OQ reported quarterly adjusted earnings of 82 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 19 cents. The lone analyst forecast for the quarter was for earnings of 47 cents per share.

• Revenue rose 21.8% to $17.41 million from a year ago; analysts expected $17.70 million.

• Pro-Dex Inc's reported EPS for the quarter was 98 cents​.

• The company reported quarterly net income of $3.28 million.

• Pro-Dex Inc shares had risen by 32.5% this quarter and gained 40.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 9.3% 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 medical equipment, supplies & distribution peer group is also "buy"

• Wall Street's median 12-month price target for Pro-Dex Inc is $54.00

This summary was machine generated from LSEG data May 2 at 05:08 a.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)