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DIRTT Environmental Solutions Ltd <DRT.TO>: Losses of 8  cents announced for third quarter

Published 2022-11-15, 10:14 a/m
&copy; Reuters.  DIRTT Environmental Solutions Ltd &lt;DRT.TO&gt;: Losses of 8  cents announced for third quarter

15 November 2022 04:14 a.m. ​All figures in US dollars. The loss announced by DIRTT Environmental Solutions Ltd in the third quarter were higher than the Refinitiv mean estimate of losses. The company reported losses of -8 cents per share, 10 cents higher than the same quarter last year when the company reported EPS of -18 cents. Losses of -14 cents per share were anticipated by the two analysts providing estimates for the quarter. The company reported revenue of $46.75 million, which is higher than the estimated $46.7 million. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the construction supplies & fixtures peer group is also "Buy". FORECAST CHANGES * Two analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was a loss of one estimate. YEAR OVER YEAR * The company reported an increase in revenue to $46.75 million from $34.1 million in the same quarter last year.​ * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jun. 30 2022 -0.21​ -0.22 Missed Mar. 31 2022 -0.19 -0.27 Missed Dec. 31 2021 -0.11 -0.17 Missed​ Sep. 30 2021 -0.10 -0.18 Missed This summary was machine generated from Refinitiv data November 15 at 04:14 a.m.

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