Redwire (NYSE:RDW - Get Free Report) is set to release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Redwire to post earnings of ($0.14) per share for the quarter. Redwire has set its FY 2024 guidance at EPS.Persons that wish to listen to the company's earnings conference call can do so using this link.
Redwire (NYSE:RDW - Get Free Report) last issued its quarterly earnings data on Thursday, March 14th. The company reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.10). The firm had revenue of $63.49 million during the quarter, compared to analysts' expectations of $60.97 million. On average, analysts expect Redwire to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Redwire Price Performance
Shares of Redwire stock traded up $0.14 during trading on Wednesday, reaching $3.92. 154,857 shares of the stock traded hands, compared to its average volume of 218,116. The company has a market capitalization of $257.07 million, a price-to-earnings ratio of -5.37 and a beta of 1.74. The business has a fifty day simple moving average of $3.71 and a two-hundred day simple moving average of $3.12. Redwire has a 52-week low of $2.35 and a 52-week high of $4.79.
Analyst Upgrades and Downgrades
Separately, Cantor Fitzgerald began coverage on Redwire in a research report on Friday, February 2nd. They set an "overweight" rating and a $5.00 price objective for the company.
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About Redwire
(
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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.
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