Richardson Electronics(US:RELL) ZACKSยท2025-07-23 22:46Core Viewpoint - Richardson Electronics reported quarterly earnings of $0.12 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, and showing an increase from $0.02 per share a year ago [1] Financial Performance - The earnings surprise for the quarter was +140.00%, with the company previously expected to post earnings of $0.08 per share but actually reporting $0.11, resulting in a surprise of +37.5% [2] - The company posted revenues of $51.89 million for the quarter ended May 2025, which was 3.64% below the Zacks Consensus Estimate, compared to $47.37 million in revenues a year ago [3] Stock Performance - Richardson Electronics shares have declined approximately 31.3% since the beginning of the year, while the S&P 500 has gained 7.3% [4] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.01 on revenues of $54 million, and for the current fiscal year, it is $0.14 on revenues of $219.5 million [8] - The outlook for the Electronics - Parts Distribution industry is currently in the bottom 12% of over 250 Zacks industries, which may impact the stock's performance [9]