Capstone Turbine Corporation (NASDAQ:CPST) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, August 9th. Analysts expect Capstone Turbine Corporation to post earnings of ($0.10) per share for the quarter.
Capstone Turbine Corporation (NASDAQ:CPST) last announced its quarterly earnings results on Tuesday, June 13th. The industrial products company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by $0.02. Capstone Turbine Corporation had a negative return on equity of 102.29% and a negative net margin of 31.00%. The firm had revenue of $22.90 million during the quarter, compared to analysts’ expectations of $22 million. During the same period in the previous year, the company posted ($0.25) earnings per share. The company’s quarterly revenue was up 21.2% compared to the same quarter last year. On average, analysts expect Capstone Turbine Corporation to post $-0.29 EPS for the current fiscal year and $-0.09 EPS for the next fiscal year.
Shares of Capstone Turbine Corporation (CPST) opened at 0.625 on Wednesday. The stock has a 50 day moving average of $0.69 and a 200-day moving average of $0.72. The stock’s market capitalization is $25.95 million. Capstone Turbine Corporation has a one year low of $0.61 and a one year high of $1.97.
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A number of equities research analysts have issued reports on the company. Zacks Investment Research downgraded Capstone Turbine Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 20th. HC Wainwright set a $2.00 price objective on Capstone Turbine Corporation and gave the company a “buy” rating in a research note on Wednesday, June 14th. Finally, ValuEngine downgraded Capstone Turbine Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd.
About Capstone Turbine Corporation
Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply.
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