World Energy Solutions (XWES) Posts Quarterly Earnings, Beats Estimates By $0.07 EPS
World Energy Solutions (NASDAQ:XWES) posted its quarterly earnings results on Friday. The company reported $0.02 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.05) by $0.07, AnalystRatings.NET reports. The company had revenue of $9.40 million for the quarter, compared to the consensus estimate of $8.55 million.
On a related note, analysts at TheStreet downgraded shares of World Energy Solutions from a “hold” rating to a “sell” rating in a research note on Tuesday, May 13th.
World Energy Solutions (NASDAQ:XWES) opened at 3.69 on Friday. World Energy Solutions has a 1-year low of $2.99 and a 1-year high of $5.03. The stock has a 50-day moving average of $3.89 and a 200-day moving average of $4.25. The company’s market cap is $44.9 million.
World Energy Solutions, Inc (NASDAQ:XWES) is an energy management services company.
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