-$0.04 Earnings Per Share Expected for Netlist, Inc. (NLST) This Quarter

Equities research analysts forecast that Netlist, Inc. (NASDAQ:NLST) will announce earnings per share (EPS) of ($0.04) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Netlist’s earnings. The lowest EPS estimate is ($0.04) and the highest is ($0.03). Netlist posted earnings of ($0.05) per share in the same quarter last year, which would suggest a positive year over year growth rate of 20%. The firm is expected to report its next earnings report on Wednesday, April 4th.

According to Zacks, analysts expect that Netlist will report full-year earnings of ($0.20) per share for the current year, with EPS estimates ranging from ($0.20) to ($0.19). For the next financial year, analysts forecast that the firm will report earnings of ($0.11) per share, with EPS estimates ranging from ($0.12) to ($0.09). Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Netlist.

A number of research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Netlist from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th. ValuEngine raised shares of Netlist from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd.

An institutional investor recently raised its position in Netlist stock. Royce & Associates LP boosted its holdings in Netlist, Inc. (NASDAQ:NLST) by 16.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,400,500 shares of the semiconductor company’s stock after purchasing an additional 200,000 shares during the quarter. Royce & Associates LP owned 1.99% of Netlist worth $1,029,000 at the end of the most recent reporting period. Institutional investors own 20.55% of the company’s stock.

Netlist (NASDAQ NLST) opened at $0.29 on Thursday. Netlist has a 12-month low of $0.25 and a 12-month high of $1.40. The company has a market cap of $19.73, a PE ratio of -1.30 and a beta of -1.37. The company has a debt-to-equity ratio of -2.78, a current ratio of 1.78 and a quick ratio of 1.39.

TRADEMARK VIOLATION WARNING: “-$0.04 Earnings Per Share Expected for Netlist, Inc. (NLST) This Quarter” was reported by American Banking News and is owned by of American Banking News. If you are accessing this report on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.americanbankingnews.com/2018/02/15/0-04-earnings-per-share-expected-for-netlist-inc-nlst-this-quarter.html.

Netlist Company Profile

Netlist, Inc designs, manufactures and sells a range of memory subsystems for datacenter, data storage and computing markets. The Company operates in the segment of design and manufacture of memory subsystems for the server, computing and communications markets. The Company’s memory subsystems consist of combinations of dynamic random access memory integrated circuits (DRAM ICs or DRAM), NAND flash memory (NAND flash), application-specific integrated circuits (ASICs) and other components assembled on printed circuit boards (PCBs).

Get a free copy of the Zacks research report on Netlist (NLST)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Leave a Reply