Richardson Electronics Ltd expected to post a loss of 2 cents a share - Earnings Preview

Reuters

Jan 04, 2025

Richardson Electronics Ltd <rell.oq> expected to post a loss of 2 cents a share - Earnings Preview </rell.oq>

Richardson Electronics Ltd RELL.OQ RELL.O is expected to show a rise in quarterly revenue when it reports results on January 7 for the period ending November 30 2024
The Lafox Illinois-based company is expected to report a 16.3% increase in revenue to $51.31 million from $44.13 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Richardson Electronics Ltd is for a loss of 2 cents per share.
The one available analyst rating on the shares is "buy".
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Richardson Electronics Ltd is $15.50, above its last closing price of $14.15.

This summary was machine generated January 3 at 22:02 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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