RJ affirms Rentech rating, projects 2013 opening for Rialto
In California, Raymond James analyst Pavel Molchanov affirmed Rentech’s Market Perform rating after Rentech reported a fiscal 4Q10 net loss of $0.04 per share, below consensus of $(0.02) and our EPS estimate of $0.01. “Revenue of $34.5 million was 37% lower than our estimate of $54.6 million, while gross margin of 23.6% was also weaker […]