Vuzix Corporation (NASDAQ:VUZI) Set to Announce Earnings on Monday
Vuzix Corporation (NASDAQ:VUZI) will post its quarterly earnings results after the market closes on Monday, August 14th. Analysts expect Vuzix Corporation to post earnings of ($0.21) per share for the quarter.
Vuzix Corporation (NASDAQ:VUZI) last posted its earnings results on Wednesday, May 10th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.22) by $0.01. Vuzix Corporation had a negative return on equity of 151.81% and a negative net margin of 660.74%. The business had revenue of $1.21 million for the quarter, compared to the consensus estimate of $0.73 million. On average, analysts expect Vuzix Corporation to post $-0.83 EPS for the current fiscal year and $-0.55 EPS for the next fiscal year.
Shares of Vuzix Corporation (NASDAQ:VUZI) opened at 5.80 on Monday. The company’s 50-day moving average price is $6.38 and its 200-day moving average price is $6.19. Vuzix Corporation has a 1-year low of $5.00 and a 1-year high of $9.80. The company’s market capitalization is $118.37 million.
VUZI has been the topic of several recent analyst reports. Zacks Investment Research raised Vuzix Corporation from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research note on Thursday, July 13th. Maxim Group set a $11.00 price target on Vuzix Corporation and gave the company a “buy” rating in a research note on Wednesday, July 19th.
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