Redwire Corporation (RDW) Reports Q3 Loss, Lags Revenue Estimates
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Redwire Corporation (RDW) reported a Q3 loss of $0.21 per share, missing the Zacks Consensus Estimate of a $0.15 loss. This is a larger loss compared to $0.14 per share a year ago.
November 07, 2024 | 1:30 am
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Redwire Corporation reported a larger-than-expected Q3 loss of $0.21 per share, missing the consensus estimate of $0.15 and increasing from last year's $0.14 loss.
The reported loss of $0.21 per share is worse than the expected loss of $0.15, indicating underperformance. This is likely to negatively impact RDW's stock price in the short term as it shows a deterioration in financial performance compared to the previous year.
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IMPORTANCE 80
RELEVANCE 100