Redwire (NYSE:RDW – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of ($0.12) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Redwire (NYSE:RDW – Get Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.03). The company had revenue of $87.79 million during the quarter, compared to analyst estimates of $65.88 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
RDW opened at $6.97 on Wednesday. The firm has a market cap of $457.09 million, a P/E ratio of -9.68 and a beta of 1.97. Redwire has a 52 week low of $2.35 and a 52 week high of $8.23. The business’s fifty day simple moving average is $6.35 and its 200 day simple moving average is $4.57.
Analyst Ratings Changes
Check Out Our Latest Analysis on Redwire
Insider Buying and Selling
In other news, Director Ae Red Holdings, Llc sold 94,579 shares of the firm’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $7.88, for a total value of $745,282.52. Following the transaction, the director now directly owns 35,923,576 shares in the company, valued at approximately $283,077,778.88. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders have sold 238,732 shares of company stock worth $1,836,940. 2.60% of the stock is owned by company insiders.
About Redwire
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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