RF Industries (RFIL) Projected to Post Earnings on Monday

RF Industries (NASDAQ:RFIL) is anticipated to announce its earnings results after the market closes on Monday, March 17th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $18.46 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

RF Industries (NASDAQ:RFIL) last announced its quarterly earnings data on Thursday, January 16th. The electronics maker reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). RF Industries had a negative return on equity of 3.06% and a negative net margin of 10.18%. On average, analysts expect RF Industries to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

RF Industries Stock Performance

Shares of RF Industries stock opened at $4.03 on Monday. RF Industries has a one year low of $2.86 and a one year high of $5.77. The company has a market cap of $42.49 million, a price-to-earnings ratio of -6.40 and a beta of 1.09. The business’s 50 day moving average price is $4.58 and its 200 day moving average price is $4.18.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on RF Industries in a research report on Monday. They issued a “hold” rating on the stock.

About RF Industries

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.