RADA Electronic Industries Ltd. (NASDAQ:RADA) is reporting third quarter earnings results on Tuesday 10th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.02 per share.
For the full year, analysts predict revenues of $ 71.89 million, while looking forward to income of $ 0.06 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 70.00 million ~ $ 70.00 million
Click Here For More Historical Outlooks Of RADA Electronic Industries Ltd.
Previous Quarter Performance
RADA Electronic Industries Ltd. unveiled income for the second quarter of $ 0.02 per share, from the revenue of $ 17.51 million. The consensus estimates are $ 15.47 million in revenue The top line results outshined analysts by $ 2.04 million or 13.19 percent.
Stock Performance
Shares of RADA Electronic Industries Ltd. traded up $ 0.45 or 6.62 percent on Monday, reaching $ 7.25 with volume of 377.20 thousand shares. RADA Electronic Industries Ltd. has traded high as $ 7.36 and has cracked $ 6.86 on the downward trend
According to the previous trading day, closing price of $ 7.25, representing a 231.71 % increase from the 52 week low of $ 2.05 and a 12.48 % decrease over the 52 week high of $ 7.77.
The company has a market capital of $ 315.27 million and is part of the Industrials sector and Aerospace & Defense industry.
Conference Call
RADA Electronic Industries Ltd. will be hosting a conference call at 10:00 AM eastern time on 10th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.rada.com
RADA Electronic Industries Ltd. develops, manufactures, markets, and sells defense electronics to various air forces and companies worldwide. The company offers military avionic systems, including flight data recorders, for fighter aircraft; digital video/audio/data recorders; high-rate data recorders for aircraft and airborne pods; video recorders and airborne data servers; high definition digital video/audio/data recording for fighter and trainer aircrafts; a range of head-up-displays color video cameras for fighter aircraft; and various ground debriefing solutions.
