
Frequency Electronics (NASDAQ:FEIM) Issues Quarterly Earnings Results, Misses Estimates By $0.14 EPS

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Frequency Electronics (NASDAQ:FEIM) reported quarterly earnings of $0.16 EPS, missing estimates by $0.14. Revenue was $16.89 million, below the expected $19.06 million. The company has a net margin of 30.28% and a return on equity of 38.07%. Despite the earnings miss, shares rose 2.2% to $55.32. Analysts maintain a "buy" rating, with a consensus target price of $43.67. Institutional investors hold 58.60% of the stock, indicating strong interest in the company.
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