Redwire (RDW) Reports Q4: Everything You Need To Know Ahead Of Earnings

StockStory
03-09
Redwire (RDW) Reports Q4: Everything You Need To Know Ahead Of Earnings

Aerospace and defense company Redwire (NYSE:RDW) will be reporting earnings tomorrow afternoon. Here’s what you need to know.

Redwire missed analysts’ revenue expectations by 2.8% last quarter, reporting revenues of $68.64 million, up 9.6% year on year. It was a softer quarter for the company, with a significant miss of analysts’ EBITDA and EPS estimates.

Is Redwire a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Redwire’s revenue to grow 17.4% year on year to $74.55 million, in line with the 18.2% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.08 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Redwire has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 13.1% on average.

Looking at Redwire’s peers in the aerospace segment, some have already reported their Q4 results, giving us a hint as to what we can expect. HEICO delivered year-on-year revenue growth of 14.9%, beating analysts’ expectations by 5.4%, and Curtiss-Wright reported revenues up 4.9%, topping estimates by 5.9%. HEICO traded up 13.8% following the results while Curtiss-Wright was down 1.2%.

Read our full analysis of HEICO’s results here and Curtiss-Wright’s results here.

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10