Energy Focus Inc (EFOI) Expected to Post Quarterly Sales of $5.50 Million
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.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Energy Focus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Focus and related companies with MarketBeat.com's FREE daily email newsletter.