Richardson Electronics is set to drop its earnings report tomorrow, with Wall Street expecting a 6.7% revenue jump—slower than last year’s 9.5% but still in line with steady analyst forecasts. The company previously beat estimates on EPS and EBITDA, and while peers like MSC and Fastenal outperformed expectations, Richardson’s stock has lagged the industrial distributor sector’s recent slump. With a $14.50 price target above current trading, investors are watching closely to see if the company can turn the tide in a shifting market.
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