Luna Innovations Incorporated (NASDAQ:LUNA) Set to Announce Earnings on Thursday
Luna Innovations Incorporated (NASDAQ:LUNA) is scheduled to be posting its quarterly earnings results on Thursday, August 10th. Analysts expect Luna Innovations to post earnings of ($0.03) per share for the quarter.
Luna Innovations (NASDAQ:LUNA) last released its quarterly earnings results on Thursday, May 11th. The scientific and technical instruments company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.04. Luna Innovations had a negative return on equity of 6.54% and a negative net margin of 3.88%. The firm had revenue of $13.12 million for the quarter, compared to analysts’ expectations of $13.50 million. On average, analysts expect Luna Innovations to post $-0.06 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Luna Innovations Incorporated (NASDAQ:LUNA) traded up 1.6723% on Tuesday, hitting $1.2099. The stock had a trading volume of 8,178 shares. Luna Innovations Incorporated has a one year low of $1.08 and a one year high of $2.33. The company’s 50-day moving average price is $1.44 and its 200 day moving average price is $1.65. The firm’s market cap is $33.32 million.
Separately, Zacks Investment Research upgraded shares of Luna Innovations from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 12th.
About Luna Innovations
Luna Innovations Incorporated develops, manufactures and markets fiber optic sensing and test, and measurement products. The Company is focused on bringing technology solutions to measure and monitor processes in the aerospace, automotive, energy, composite, telecommunications and defense industries.
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