RF Industries (NASDAQ:RFIL) Announces Quarterly Earnings Results, Misses Expectations By $0.02 EPS

RF Industries (NASDAQ:RFILGet Free Report) issued its earnings results on Thursday. The electronics maker reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02), Zacks reports. RF Industries had a negative return on equity of 4.28% and a negative net margin of 11.58%.

RF Industries Stock Up 10.9 %

Shares of NASDAQ:RFIL opened at $4.56 on Friday. The company’s 50-day moving average price is $3.99 and its 200 day moving average price is $3.94. The company has a market cap of $47.83 million, a PE ratio of -6.61 and a beta of 0.99. RF Industries has a fifty-two week low of $2.84 and a fifty-two week high of $4.65.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on RF Industries in a research report on Monday. They set a “hold” rating on the stock.

Check Out Our Latest Stock Report on RFIL

About RF Industries

(Get Free Report)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

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Earnings History for RF Industries (NASDAQ:RFIL)

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