Red Cat Holdings Inc expected to post a loss of 9 cents a share - Earnings Preview

Reuters
2024-12-11

* Red Cat Holdings Inc is expected to show a rise in quarterly revenue when it reports results on December 16 for the period ending October 31 2024

* The San Juan Puerto Rico-based company is expected to report a 5.0% increase in revenue to $4.127 million from $3.93 million a year ago, according to the estimate from one analyst, based on LSEG data.

* ​LSEG's mean analyst estimate for Red Cat Holdings Inc is for a loss of 9 cents per share.

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Red Cat Holdings Inc is $7.00​, below​ its last closing price of $7.70. ​​​

This summary was machine generated December 11 at 11:01 GMT. 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)

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