Kraken Robotics Inc. (CVE:PNG) Released Earnings Last Week And Analysts Lifted Their Price Target To CA$4.25
Kraken Robotics Inc. (CVE:PNG) shareholders are probably feeling a little disappointed, since its shares fell 8.2% to CA$3.46 in the week after its latest second-quarter results. Revenues beat expectations, coming in 6.6% ahead of forecasts, and the company broke even on a statutory earnings per share (EPS) level. Earnings are an important time for investors, as they can track a company’s performance, look at what the analysts are forecasting for next year, and see if there’s been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
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