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Northern Technologies (NTIC) Reports Q2 Loss, Lags Revenue Estimates

Northern Technologies (NTIC) came out with a quarterly loss of 0.03pershareversustheZacksConsensusEstimateof0.03 per share versus the Zacks Consensus Estimate of 0.06. This compares to earnings of 0.18pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof1500.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -150%. A quarter ago, it was expected that this rust and corrosion prevention company would post earnings of 0.12 per share when it actually produced earnings of $0.07, delivering a surprise of -41.67%.Over the last four ...