Real Goods Solar (RGSE) Set to Announce Quarterly Earnings on Wednesday

Real Goods Solar (NASDAQ:RGSE) is scheduled to be issuing its 9/30/2018 quarterly earnings data after the market closes on Wednesday, November 7th. Analysts expect the company to announce earnings of ($0.32) per share for the quarter.

Real Goods Solar (NASDAQ:RGSE) last posted its quarterly earnings results on Wednesday, August 15th. The energy company reported ($0.59) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.33) by ($0.26). The company had revenue of $3.63 million during the quarter, compared to analyst estimates of $3.47 million. Real Goods Solar had a negative return on equity of 407.75% and a negative net margin of 145.13%. On average, analysts expect Real Goods Solar to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NASDAQ:RGSE traded up $0.02 during trading hours on Tuesday, reaching $0.41. The company’s stock had a trading volume of 51,209 shares, compared to its average volume of 5,537,181. Real Goods Solar has a one year low of $0.30 and a one year high of $1.95.

Separately, Westpark Capital set a $2.00 price objective on shares of Real Goods Solar and gave the stock a “buy” rating in a report on Friday.

COPYRIGHT VIOLATION NOTICE: “Real Goods Solar (RGSE) Set to Announce Quarterly Earnings on Wednesday” was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece can be read at https://www.dispatchtribunal.com/2018/11/06/real-goods-solar-rgse-set-to-announce-quarterly-earnings-on-wednesday.html.

About Real Goods Solar

Real Goods Solar, Inc operates as a residential and small business commercial solar energy engineering, procurement, and construction company in the United States. The company's Residential segment installs solar energy systems for homeowners, including lease financing, as well as small business commercial services in the continental United States.

Read More: Benefits of owning preferred stock

Earnings History for Real Goods Solar (NASDAQ:RGSE)

Receive News & Ratings for Real Goods Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Real Goods Solar and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply