VirTra Inc reports results for the quarter ended June 30 - Earnings Summary

• VirTra Inc VTSI.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of two analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from 1 cents to 3 cents per share.

• Revenue rose 14.9% to $6.98 million from a year ago; analysts expected $6.34 million.

• VirTra Inc's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $175.31 thousand.

• VirTra Inc shares had fallen by 1.0% this quarter and gained 3.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 140% 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 2 "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 VirTra Inc is $8.25, about 15.2% above its last closing price of $7.00

This summary was machine generated from LSEG data August 11 at 09:01 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)