Mind Technology Inc MIND.OQ reported quarterly adjusted earnings of 17 cents per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of $-1.89. The lone analyst forecast for the quarter was for earnings of 13 cents per share.
Revenue rose 143.4% to $12.11 million from a year ago; analysts expected $10.25 million.
Mind Technology Inc's reported EPS for the quarter was $2.87.
The company reported quarterly net income of $15.71 million.
Mind Technology Inc shares had risen by 8.5% this quarter and lost 36.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 55.2% 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 "strong 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 oil related services and equipment peer group is also "strong buy"
Wall Street's median 12-month price target for Mind Technology Inc is $6.00
This summary was machine generated from LSEG data December 10 at 10:53 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Oct. 31 2024 | 0.13 | 0.17 | Beat |
Jul. 31 2024 | 0.02 | -0.11 | Missed |
Apr. 30 2024 | 0.30 | 0.00 | Missed |
Jan. 31 2024 | 0.48 | 0.35 | Missed |
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