Focus Universal (FCUV) Projected to Post Quarterly Earnings on Wednesday

Focus Universal (NASDAQ:FCUV) is expected to be announcing its resultson Wednesday, June 3rd. Analysts expect the company to announce earnings of ($1.3333) per share and revenue of $0.40 million for the quarter.

Focus Universal (NASDAQ:FCUV) last released its quarterly earnings data on Thursday, May 14th. The company reported ($1.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.33) by ($0.15). The company had revenue of $0.05 million for the quarter, compared to analysts’ expectations of $0.40 million. Focus Universal had a negative net margin of 4,243.03% and a negative return on equity of 357.95%.

Focus Universal Stock Performance

NASDAQ:FCUV opened at $0.81 on Wednesday. The firm has a market cap of $1.67 million, a PE ratio of -0.16 and a beta of -0.31. Focus Universal has a fifty-two week low of $0.53 and a fifty-two week high of $52.50. The business has a 50 day moving average price of $2.35 and a 200-day moving average price of $11.32.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Focus Universal in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Focus Universal

Focus Universal Inc develops and manufactures smart instrumentation platform and device. It offers Ubiquitor, a wireless sensor device with a universal sensor node and gateway system that uses a computer or mobile device as the output display module that displays the readings of various sensor nodes. The company's universal smart instrumentation platform (USIP) utilizes mobile devices or computers to communicate with smart devices, such as sensors, instruments, probes, and controllers to monitor and control any functions.