RF Industries Q3 EPS $(0.08) Misses $0.08 Estimate, Sales $15.70M Miss $21.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
RF Industries (NASDAQ:RFIL) reported Q3 losses of $(0.08) per share, missing the analyst consensus estimate of $0.08 by 200 percent. This is a 166.67 percent decrease from the same period last year. The company also reported quarterly sales of $15.70 million, missing the analyst consensus estimate of $21.45 million by 26.81 percent, a 34.15 percent decrease from the same period last year.
September 14, 2023 | 8:17 pm
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NEGATIVE IMPACT
RF Industries reported a significant miss on both earnings and sales for Q3, indicating a potential negative impact on the stock.
RF Industries reported a significant miss on both earnings and sales for Q3. This is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100