Earnings Preview: RF Industries
Portfolio Pulse from Benzinga Insights
RF Industries (NASDAQ:RFIL) is set to release its latest quarterly earnings report on June 14, 2023. Analysts estimate an EPS of $0.03. Last quarter, the company missed EPS by $0.10, resulting in an 8.68% drop in share price the next day. Shares are currently trading at $4.78 and are down 24.29% over the last 52-week period.
June 13, 2023 | 2:01 pm
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RF Industries is set to release its quarterly earnings report on June 14, 2023, with an estimated EPS of $0.03. Last quarter, the company missed EPS by $0.10, causing an 8.68% drop in share price.
The upcoming earnings report will have a direct impact on RFIL's stock price. However, it is difficult to predict the short-term price direction based on the news alone, as it will depend on the actual earnings results and guidance provided by the company. Last quarter's miss led to a significant drop in share price, but past performance does not guarantee future results.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100