S&W Seed Company (NASDAQ:SANW) is reporting first quarter financial results on Wednesday 11th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, SANW is expected to report 1Q21 loss of $ 0.18 per share from revenue of $ 11.83 million.
For the full year, analysts anticipate top line of $ 90.92 million, while looking forward to loss of $ 0.44 per share bottom line.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 73.00 million ~ $ 79.00 million
Click Here For More Historical Outlooks Of S&W Seed Company
Previous Quarter Performance
S&W Seed Company posted loss for the fourth quarter of $ 0.14 per share, from the revenue of $ 25.86 million. The quarterly revenues contracted 44.79 percent compared with the same quarter last year. According to street consensus, SANW was expected to report 4Q20 loss of $ 0.06 per share from revenue of $ 25.73 million. The bottom line results missed street analysts by $ 0.08 or 133.33 percent, at the same time, top line results outshined analysts by $ 0.13 million or 0.51 percent.
Stock Performance
Shares of S&W Seed Company traded up $ 0.02 or 0.87 percent on Tuesday, reaching $ 2.33 with volume of 12.30 thousand shares. S&W Seed Company has traded high as $ 2.38 and has cracked $ 2.28 on the downward trend
The closing price of $ 2.33, representing a 38.32 % increase from the 52 week low of $ 1.67 and a 41.96 % decrease over the 52 week high of $ 3.98.
The company has a market capital of $ 77.98 million and is part of the Consumer Defensive sector and Farm Products industry.
Conference Call
S&W Seed Company will be hosting a conference call at 11:00 AM eastern time on 11th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.swseedco.com
S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa seeds. The company sells its seeds to distributors and dealers in approximately 30 countries worldwide. S&W Seed Company was founded in 1980 and is headquartered in Sacramento, California.
