Wall Street brokerages expect that Energy Focus Inc (NASDAQ:EFOI) will post ($0.15) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Energy Focus’ earnings, with the lowest EPS estimate coming in at ($0.16) and the highest estimate coming in at ($0.14). Energy Focus posted earnings of ($0.13) per share in the same quarter last year, which would suggest a negative year over year growth rate of 15.4%. The business is scheduled to issue its next quarterly earnings report on Thursday, February 28th.
According to Zacks, analysts expect that Energy Focus will report full year earnings of ($0.66) per share for the current fiscal year, with EPS estimates ranging from ($0.67) to ($0.65). For the next financial year, analysts forecast that the business will report earnings of ($0.43) per share, with EPS estimates ranging from ($0.50) to ($0.31). Zacks’ earnings per share averages are an average based on a survey of research analysts that cover Energy Focus.
Energy Focus (NASDAQ:EFOI) last released its quarterly earnings data on Wednesday, November 7th. The construction company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.03. The business had revenue of $5.16 million for the quarter, compared to analysts’ expectations of $5.83 million. Energy Focus had a negative return on equity of 46.56% and a negative net margin of 40.43%.
A number of analysts have recently issued reports on the company. B. Riley restated a “neutral” rating on shares of Energy Focus in a research report on Thursday, November 8th. HC Wainwright set a $6.00 price objective on Energy Focus and gave the company a “buy” rating in a research report on Thursday, November 8th. Finally, Roth Capital set a $1.00 price objective on Energy Focus and gave the company a “hold” rating in a research report on Wednesday, November 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Energy Focus currently has a consensus rating of “Hold” and an average target price of $3.25.
EFOI opened at $0.97 on Tuesday. Energy Focus has a 1 year low of $0.89 and a 1 year high of $3.45.
Energy Focus Company Profile
Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems in the United States and internationally. It offers various light-emitting diode (LED) lighting technologies, including military maritime products, such as Military Intellitube, globe lights, berth lights, and fixtures to serve the United States navy and allied foreign navies.
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