Redwire Corp expected to post a loss of 18 cents a share - Earnings Preview
Redwire Corp
RDW, RDW is expected to show a rise in quarterly revenue when it reports results on March 10 for the period ending December 31 2024The Jacksonville Florida-based company is expected to report a 17.9% increase in revenue to $74.822 million from $63.49 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
LSEG's mean analyst estimate for Redwire Corp is for a loss of 18 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 Redwire Corp is $26.50, above its last closing price of $12.36.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.14 | -0.14 | -0.37 | Missed | -164.3 |
Jun. 30 2024 | -0.12 | -0.11 | -0.42 | Missed | -296.2 |
Mar. 31 2024 | -0.09 | -0.11 | -0.17 | Missed | -57.4 |
Dec. 31 2023 | -0.10 | -0.12 | -0.25 | Missed | -112.8 |
Sep. 30 2023 | -0.13 | -0.14 | -0.14 | Met | 2.3 |
Jun. 30 2023 | -0.16 | -0.16 | -0.16 | Met | 0 |
Mar. 31 2023 | -0.18 | -0.18 | -0.18 | Met | 0 |
Dec. 31 2022 | -0.13 | -0.43 | Missed | -230.8 |
This summary was machine generated March 7 at 20:58 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)
