On Wednesday, Arotech ARTX will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Analysts predict Arotech will report earnings of 8 cents per share on revenue of $27.6 million.
In the same quarter last year, Arotech reported earnings per share of 1 cent on revenue of $21 million. The Wall Street estimate would represent a 700 percent increase in the company's earnings. Revenue would be up 28.76 percent from the same quarter last year.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.09 | 0.01 | 0.03 | 0.02 |
| EPS Actual | 0.06 | 0.01 | 0.01 | 0.01 |
Stock Performance
Over the last 52-week period, shares are down 14.1 percent. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Arotech stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
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