Arotech Corporation (ARTX) Set to Announce Quarterly Earnings on Wednesday
Arotech Corporation (NASDAQ:ARTX) will issue its quarterly earnings data after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.
Arotech Corporation (NASDAQ:ARTX) last issued its quarterly earnings data on Tuesday, August 8th. The aerospace company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.02). The company had revenue of $21.45 million during the quarter, compared to analyst estimates of $22.70 million. Arotech Corporation had a negative net margin of 3.09% and a positive return on equity of 3.20%. During the same period last year, the firm earned ($0.03) EPS. On average, analysts expect Arotech Corporation to post $0.17 EPS for the current fiscal year and $0.23 EPS for the next fiscal year.
Arotech Corporation (ARTX) opened at 4.00 on Wednesday. The company has a 50-day moving average price of $3.95 and a 200-day moving average price of $3.57. The firm’s market cap is $104.86 million. Arotech Corporation has a 12-month low of $2.25 and a 12-month high of $5.00.
Several research analysts recently issued reports on the company. Zacks Investment Research downgraded Arotech Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. B. Riley restated a “buy” rating and set a $4.50 price objective on shares of Arotech Corporation in a research report on Monday, August 7th.
Arotech Corporation Company Profile
Arotech Corporation is a defense and security products and services company, engaged in providing interactive simulation for military, law enforcement and commercial markets, and batteries and charging systems for the military, commercial and medical markets. The Company operates through two segments: Training and Simulation Division, and Power Systems Division.
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