Frequency Electronics Q4 EPS $(0.50) Misses $0.24 Estimate, Sales $15.398M Miss $18.575M Estimate

Frequency Electronics (NASDAQ:FEIM) reported quarterly losses of $(0.50) per share which missed the analyst consensus estimate of $0.24 by 308.33 percent. This is a 251.52 percent decrease over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $15.398 million which missed the analyst consensus estimate of $18.575 million by 17.10 percent. This is a 22.96 percent decrease over sales of $19.986 million the same period last year.