Clean Diesel Technologies, Inc. (CDTI) Scheduled to Post Quarterly Earnings on Monday
Clean Diesel Technologies, Inc. (NASDAQ:CDTI) is set to announce its earnings results after the market closes on Monday, August 14th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.
Clean Diesel Technologies (NASDAQ:CDTI) last issued its earnings results on Monday, May 15th. The basic materials company reported ($0.19) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by $0.08. Clean Diesel Technologies had a negative return on equity of 167.10% and a negative net margin of 67.54%. The company had revenue of $8.21 million during the quarter, compared to analyst estimates of $9.95 million. During the same period in the prior year, the business earned ($0.75) earnings per share. On average, analysts expect Clean Diesel Technologies to post $-0.39 EPS for the current fiscal year and $0.01 EPS for the next fiscal year.
Shares of Clean Diesel Technologies, Inc. (CDTI) opened at 1.99 on Monday. The firm’s market capitalization is $31.25 million. The firm has a 50-day moving average price of $2.63 and a 200 day moving average price of $2.72. Clean Diesel Technologies, Inc. has a 12 month low of $1.62 and a 12 month high of $5.21.
Several analysts have recently weighed in on the company. Cowen and Company set a $4.00 price objective on Clean Diesel Technologies and gave the stock a “buy” rating in a report on Friday, July 21st. Roth Capital set a $3.00 target price on Clean Diesel Technologies and gave the stock a “hold” rating in a research report on Monday, April 17th. Finally, ValuEngine downgraded Clean Diesel Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th.
About Clean Diesel Technologies
Clean Diesel Technologies, Inc commercializes its material technology by manufacturing and distributing light duty vehicle catalysts, and heavy duty diesel emissions control systems and products to automakers, distributors, integrators and retrofitters. The Company operates through two business division segments: Catalyst, which develops and produces catalysts to reduce emissions from gasoline, diesel and natural gas combustion engines, and Heavy Duty Diesel Systems, which designs and manufactures verified exhaust emissions control solutions for a range of heavy duty diesel applications.
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