Zacks Investment Research Equities Analysts Decrease Earnings Estimates for Midwest Energy Emissions Corp. (MEEC)
Midwest Energy Emissions Corp. (OTCMKTS:MEEC) – Analysts at Zacks Investment Research decreased their FY2018 earnings estimates for shares of Midwest Energy Emissions Corp. in a research note issued on Tuesday. Zacks Investment Research analyst S. Ralston now forecasts that the industrial products company will post earnings per share of $0.05 for the year, down from their prior forecast of $0.10.
Midwest Energy Emissions Corp. (OTCMKTS:MEEC) last issued its earnings results on Monday, August 21st. The industrial products company reported $0.01 earnings per share for the quarter. The company had revenue of $7.93 million during the quarter, compared to the consensus estimate of $10.69 million. Midwest Energy Emissions Corp. had a negative net margin of 0.51% and a negative return on equity of 6.96%. WARNING: This news story was first reported by American Banking News and is the property of of American Banking News. If you are reading this news story on another site, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/11/23/zacks-investment-research-equities-analysts-decrease-earnings-estimates-for-midwest-energy-emissions-corp-meec.html.
Shares of Midwest Energy Emissions Corp. (OTCMKTS MEEC) traded up $0.01 during trading on Thursday, reaching $0.36. 319,600 shares of the company traded hands, compared to its average volume of 46,718. The company has a market cap of $26.69, a P/E ratio of 35.00 and a beta of -1.64. The company has a debt-to-equity ratio of -4.53, a current ratio of 1.60 and a quick ratio of 1.21. Midwest Energy Emissions Corp. has a one year low of $0.20 and a one year high of $1.62.
About Midwest Energy Emissions Corp.
Midwest Energy Emissions Corp. is an environmental services company. The Company is focused on mercury emission control technologies, primarily to utility and industrial coal-fired units. The Company’s business is focused on the delivery of mercury capture technologies to power plants in North America, Europe and Asia.
Receive News & Ratings for Midwest Energy Emissions Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Midwest Energy Emissions Corp. and related companies with MarketBeat.com's FREE daily email newsletter.