Rofin-Sinar Technologies (RSTI) to Release Earnings on Thursday
Rofin-Sinar Technologies (NASDAQ:RSTI) will release its Q214 earnings data on Thursday, May 8th. Analysts expect Rofin-Sinar Technologies to post earnings of $0.12 per share and revenue of $126.73 million for the quarter. Rofin-Sinar Technologies has set its Q2 guidance at $0.08-0.12 EPS.
Rofin-Sinar Technologies (NASDAQ:RSTI) last released its earnings data on Thursday, February 6th. The company reported $0.08 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.08. The company had revenue of $121.19 million for the quarter, compared to the consensus estimate of $125.68 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was down 14.8% on a year-over-year basis. On average, analysts expect Rofin-Sinar Technologies to post $0.89 EPS for the current fiscal year and $1.40 EPS for the next fiscal year.
Shares of Rofin-Sinar Technologies (NASDAQ:RSTI) traded up 0.66% during mid-day trading on Wednesday, hitting $21.953. 28,167 shares of the company’s stock traded hands. Rofin-Sinar Technologies has a 1-year low of $21.01 and a 1-year high of $27.76. The stock’s 50-day moving average is $23.35 and its 200-day moving average is $24.27. The company has a market cap of $618.5 million and a price-to-earnings ratio of 22.23.
On a related note, analysts at Longbow Research downgraded shares of Rofin-Sinar Technologies from a “buy” rating to a “neutral” rating in a research note on Friday, February 7th.
Rofin-Sinar Technologies Inc(NASDAQ:RSTI) is engaged in the designing, development, engineering, manufacturing and marketing of laser-based products used for cutting, welding and marking a range of materials.
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