Azure Power Global (AZRE) to Release Quarterly Earnings on Thursday

Azure Power Global (NYSE:AZRE) is set to issue its quarterly earnings data after the market closes on Thursday, February 8th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter.

Azure Power Global (NYSE:AZRE) last issued its quarterly earnings results on Thursday, November 9th. The energy company reported ($0.64) EPS for the quarter, beating analysts’ consensus estimates of ($0.95) by $0.31. Azure Power Global had a negative return on equity of 12.48% and a negative net margin of 29.67%. On average, analysts expect Azure Power Global to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Azure Power Global (NYSE AZRE) traded down $0.38 during midday trading on Monday, hitting $16.62. The stock had a trading volume of 2,762 shares, compared to its average volume of 9,507. Azure Power Global has a 1 year low of $12.53 and a 1 year high of $22.00. The company has a debt-to-equity ratio of 3.77, a current ratio of 3.40 and a quick ratio of 3.40. The stock has a market cap of $441.75, a PE ratio of -15.25 and a beta of 2.07.

AZRE has been the topic of a number of recent research reports. BidaskClub cut Azure Power Global from a “hold” rating to a “sell” rating in a research report on Friday, October 13th. Zacks Investment Research raised Azure Power Global from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th.

TRADEMARK VIOLATION NOTICE: “Azure Power Global (AZRE) to Release Quarterly Earnings on Thursday” was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this piece on another site, it was illegally copied and republished in violation of United States and international copyright & trademark law. The correct version of this piece can be viewed at

About Azure Power Global

Azure Power Global Limited is an India-based power producer. The Company sells solar power in India on long term fixed price contracts to its customers. The Company is also developing micro-grid applications for the highly fragmented and underserved electricity market in India. The Company operates approximately 20 utility scale projects and several commercial rooftop projects with a combined rated capacity of approximately 240 megawatts.

Earnings History for Azure Power Global (NYSE:AZRE)

Receive News & Ratings for Azure Power Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Azure Power Global and related companies with's FREE daily email newsletter.

Leave a Reply