Redwire (RDW) Scheduled to Post Earnings on Wednesday

Redwire (NYSE:RDWGet Free Report) will release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Redwire to post earnings of ($0.15) per share for the quarter.

Redwire (NYSE:RDWGet Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.15). The firm had revenue of $78.11 million for the quarter, compared to the consensus estimate of $66.86 million. On average, analysts expect Redwire to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Redwire Trading Up 0.1 %

NYSE:RDW opened at $7.91 on Thursday. Redwire has a 1 year low of $2.35 and a 1 year high of $9.36. The firm has a 50 day moving average of $7.16 and a 200-day moving average of $6.19. The stock has a market capitalization of $526.30 million, a P/E ratio of -8.06 and a beta of 1.96.

Analyst Ratings Changes

A number of research firms have recently issued reports on RDW. B. Riley cut shares of Redwire from a “buy” rating to a “neutral” rating and lifted their target price for the company from $8.00 to $9.50 in a research note on Tuesday. Alliance Global Partners boosted their price objective on shares of Redwire from $7.00 to $8.25 and gave the stock a “buy” rating in a research report on Tuesday, July 30th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $6.00 price objective on shares of Redwire in a research report on Monday, September 30th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $7.95.

Get Our Latest Stock Report on Redwire

Redwire Company Profile

(Get Free Report)

Redwire Corporation provides critical space solutions and space infrastructure for government and commercial customers in the United States, Europe, and internationally. The company provides avionics and sensors including star trackers, sun sensors, critical for navigation, and control of spacecraft; camera systems; solar array solutions for spacecraft spanning the spectrum of size, power needs, and orbital location; and strain composite booms, coilable booms, truss structures, telescope baffles, and deployable booms to position sensors or solar arrays away from the spacecraft.

See Also

Earnings History for Redwire (NYSE:RDW)

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