Richardson Electronics (NASDAQ:RELL – Get Free Report) is set to post its quarterly earnings results before the market opens on Thursday, October 10th. Analysts expect Richardson Electronics to post earnings of ($0.01) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Richardson Electronics (NASDAQ:RELL – Get Free Report) last announced its quarterly earnings data on Wednesday, July 24th. The technology company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07. Richardson Electronics had a negative net margin of 0.07% and a positive return on equity of 0.16%. The business had revenue of $47.37 million for the quarter, compared to analysts’ expectations of $48.00 million. On average, analysts expect Richardson Electronics to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Richardson Electronics Stock Performance
Shares of NASDAQ RELL opened at $12.13 on Thursday. The company has a 50 day simple moving average of $11.72 and a two-hundred day simple moving average of $11.07. Richardson Electronics has a fifty-two week low of $8.08 and a fifty-two week high of $14.30. The company has a market capitalization of $174.43 million, a price-to-earnings ratio of 43.43, a P/E/G ratio of 1.88 and a beta of 0.96.
Richardson Electronics Dividend Announcement
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Richardson Electronics from a “sell” rating to a “hold” rating in a research report on Friday, July 26th.
Check Out Our Latest Research Report on RELL
About Richardson Electronics
Richardson Electronics, Ltd. provides engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and RF, Microwave and power components for semiconductors; and manufacturing equipment, RF and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology.
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