Equities research analysts expect Energy Focus Inc (NASDAQ:EFOI) to report $5.50 million in sales for the current quarter, Zacks reports. Four analysts have provided estimates for Energy Focus’ earnings. The lowest sales estimate is $5.00 million and the highest is $6.12 million. Energy Focus posted sales of $6.01 million during the same quarter last year, which suggests a negative year-over-year growth rate of 8.5%. The business is scheduled to issue its next earnings results on Wednesday, August 8th.

According to Zacks, analysts expect that Energy Focus will report full-year sales of $24.66 million for the current financial year, with estimates ranging from $23.70 million to $26.03 million. For the next year, analysts expect that the company will report sales of $34.83 million per share, with estimates ranging from $30.00 million to $41.50 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow Energy Focus.

Energy Focus (NASDAQ:EFOI) last released its quarterly earnings data on Wednesday, May 2nd. The construction company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.04). Energy Focus had a negative net margin of 44.78% and a negative return on equity of 40.15%. The firm had revenue of $4.66 million for the quarter, compared to analyst estimates of $5.35 million.

Several equities analysts have weighed in on the company. Zacks Investment Research lowered Energy Focus from a “hold” rating to a “sell” rating in a report on Friday, May 4th. HC Wainwright set a $6.00 target price on Energy Focus and gave the company a “buy” rating in a report on Thursday, May 3rd. Benchmark restated a “hold” rating on shares of Energy Focus in a report on Thursday, May 3rd. Finally, B. Riley restated a “hold” rating on shares of Energy Focus in a report on Friday, February 23rd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $3.44.

NASDAQ EFOI traded up $0.05 during trading on Monday, hitting $2.46. 10,931 shares of the company traded hands, compared to its average volume of 17,748. Energy Focus has a 12 month low of $1.51 and a 12 month high of $3.46. The firm has a market cap of $28.65 million, a P/E ratio of -3.11 and a beta of -0.26.

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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Earnings History and Estimates for Energy Focus (NASDAQ:EFOI)

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