Northern Applied sciences (NTIC) Meets Q1 Earnings Estimates

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Northern Applied sciences (NTIC) Meets Q1 Earnings Estimates

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Northern Applied sciences (NTIC) got here out with quarterly earnings of $0.13 per share, in keeping with the Zacks Consensus Estimate. This compares to earnings of $0.16 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.

1 / 4 in the past, it was anticipated that this rust and corrosion prevention firm would put up earnings of $0.19 per share when it truly produced earnings of $0.09, delivering a shock of -52.63%.

Over the past 4 quarters, the corporate has not been capable of surpass consensus EPS estimates.

Northern Applied sciences, which belongs to the Zacks Chemical – Diversified business, posted revenues of $14.63 million for the quarter ended November 2019, lacking the Zacks Consensus Estimate by 2.46%. This compares to year-ago revenues of $14.09 million. The corporate has not been capable of beat consensus income estimates during the last 4 quarters.

The sustainability of the inventory’s quick worth motion primarily based…



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