Share on StockTwits

Frequency Electronics (NASDAQ:FEIM) posted its quarterly earnings results on Thursday. The company reported $0.09 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.16 by $0.07, Stock Ratings Network.com reports. The company had revenue of $19.50 million for the quarter, compared to the consensus estimate of $17.54 million. During the same quarter last year, the company posted ($0.01) earnings per share.

Shares of Frequency Electronics (NASDAQ:FEIM) traded down 2.30% on Thursday, hitting $10.62. 7,832 shares of the company’s stock traded hands. Frequency Electronics has a 52 week low of $9.52 and a 52 week high of $13.31. The stock has a 50-day moving average of $11.29 and a 200-day moving average of $11.2. The company has a market cap of $90.8 million and a price-to-earnings ratio of 29.22.

Frequency Electronics, Inc (NASDAQ:FEIM), is a provider of precision time and frequency technology, which is employed in commercial, government, command, control, communication, computer, intelligence, security and reconnaissance (C4ISR) and other military electronic systems.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.