Richardson Electronics Past Earnings Performance
Past criteria checks 2/6
Richardson Electronics has been growing earnings at an average annual rate of 58.2%, while the Electronic industry saw earnings growing at 3.4% annually. Revenues have been growing at an average rate of 10.7% per year. Richardson Electronics's return on equity is 2.7%, and it has net margins of 2.1%.
Key information
58.2%
Earnings growth rate
57.8%
EPS growth rate
| Electronic Industry Growth | 1.0% |
| Revenue growth rate | 10.7% |
| Return on equity | 2.7% |
| Net Margin | 2.1% |
| Last Earnings Update | 02 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Richardson Electronics makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 02 Mar 24 | 208 | 4 | 60 | 0 |
| 02 Dec 23 | 226 | 10 | 60 | 0 |
| 02 Sep 23 | 248 | 17 | 60 | 0 |
| 27 May 23 | 263 | 22 | 59 | 0 |
| 25 Feb 23 | 265 | 26 | 59 | 0 |
| 26 Nov 22 | 250 | 23 | 58 | 0 |
| 27 Aug 22 | 238 | 22 | 57 | 0 |
| 28 May 22 | 225 | 18 | 56 | 0 |
| 26 Feb 22 | 213 | 12 | 55 | 0 |
| 27 Nov 21 | 203 | 9 | 54 | 0 |
| 28 Aug 21 | 192 | 5 | 55 | 0 |
| 29 May 21 | 177 | 2 | 54 | 0 |
| 27 Feb 21 | 164 | -2 | 53 | 0 |
| 28 Nov 20 | 157 | -2 | 52 | 0 |
| 29 Aug 20 | 154 | -3 | 51 | 0 |
| 30 May 20 | 156 | -2 | 51 | 0 |
| 29 Feb 20 | 161 | -7 | 51 | 0 |
| 30 Nov 19 | 161 | -8 | 52 | 0 |
| 31 Aug 19 | 163 | -8 | 52 | 0 |
| 01 Jun 19 | 167 | -7 | 52 | 0 |
| 02 Mar 19 | 170 | 1 | 53 | 0 |
| 01 Dec 18 | 173 | 2 | 53 | 0 |
| 01 Sep 18 | 170 | 3 | 53 | 0 |
| 02 Jun 18 | 163 | 2 | 52 | 0 |
| 03 Mar 18 | 155 | 0 | 50 | 0 |
| 02 Dec 17 | 146 | -1 | 49 | 0 |
| 02 Sep 17 | 140 | -4 | 49 | 0 |
| 27 May 17 | 137 | -7 | 49 | 0 |
| 25 Feb 17 | 139 | -7 | 50 | 0 |
| 26 Nov 16 | 138 | -8 | 51 | 0 |
| 27 Aug 16 | 138 | -8 | 52 | 0 |
| 28 May 16 | 142 | -7 | 52 | 0 |
| 27 Feb 16 | 137 | -9 | 51 | 0 |
| 28 Nov 15 | 140 | -8 | 51 | 0 |
| 29 Aug 15 | 139 | -7 | 50 | 0 |
| 30 May 15 | 137 | -6 | 49 | 0 |
| 28 Feb 15 | 137 | -6 | 46 | 0 |
| 29 Nov 14 | 137 | -4 | 44 | 0 |
| 30 Aug 14 | 138 | -2 | 42 | 0 |
| 31 May 14 | 138 | 0 | 43 | 0 |
| 01 Mar 14 | 138 | 1 | 43 | 0 |
| 30 Nov 13 | 139 | 2 | 42 | 0 |
| 31 Aug 13 | 140 | 2 | 41 | 0 |
| 01 Jun 13 | 141 | 0 | 42 | 0 |
Quality Earnings: RE3 has high quality earnings.
Growing Profit Margin: RE3's current net profit margins (2.1%) are lower than last year (9.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RE3's earnings have grown significantly by 58.2% per year over the past 5 years.
Accelerating Growth: RE3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RE3 had negative earnings growth (-83.6%) over the past year, making it difficult to compare to the Electronic industry average (-16.8%).
Return on Equity
High ROE: RE3's Return on Equity (2.7%) is considered low.