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Rekor Systems Inc expected to post a loss of 12 cents a share - Earnings Preview
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Rekor Systems Inc <REKR.OQ> expected to post a loss of 12 cents a share - Earnings Preview
  • Rekor Systems Inc REKR.OQ REKR.O is expected to show a rise in quarterly revenue when it reports results on August 14 for the period ending June 30 2024

  • The Columbia Maryland-based company is expected to report a 41.9% increase in revenue to $12.15 million from $8.56 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Rekor Systems Inc is for a loss of 12 cents per share.

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," "hold" and "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 Rekor Systems Inc is $4.50​, above​ its last closing price of $1.45. ​​​

This summary was machine generated August 12 at 21:42 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)

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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