Creative Realities (NASDAQ:CREX) Posts Quarterly Earnings Results, Hits Expectations

Creative Realities (NASDAQ:CREX) posted its quarterly earnings results on Wednesday. The company reported ($0.06) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.06), Zacks reports. The business had revenue of $13.12 million for the quarter, compared to analysts’ expectations of $12.90 million. Creative Realities had a negative return on equity of 2.74% and a negative net margin of 4.31%. During the same quarter last year, the business earned ($0.19) earnings per share.

Creative Realities Stock Up 3.2 %

NASDAQ CREX traded up $0.13 during trading on Thursday, reaching $4.25. 45,671 shares of the stock traded hands, compared to its average volume of 60,815. The stock’s 50-day moving average price is $4.56 and its 200 day moving average price is $3.91. The firm has a market cap of $44.40 million, a price-to-earnings ratio of -20.24 and a beta of 3.30. Creative Realities has a fifty-two week low of $1.22 and a fifty-two week high of $5.20.

Wall Street Analyst Weigh In

Separately, Craig Hallum initiated coverage on Creative Realities in a research note on Thursday, June 6th. They issued a “buy” rating and a $10.00 price target on the stock.

Creative Realities Company Profile

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions in the United States and internationally. It offers digital signage and media solutions to enhance communications in a wide-ranging variety of out-of-home environments. The company's solutions include digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and web-based media that enables its customers to engage with their consumers.