$0.05 Earnings Per Share Expected for Sky Solar Holdings Ltd (SKYS) This Quarter

Wall Street brokerages expect that Sky Solar Holdings Ltd (NASDAQ:SKYS) will report earnings per share of $0.05 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Sky Solar’s earnings. The company is scheduled to report its next earnings report on Monday, January 1st.

On average, analysts expect that Sky Solar will report full year earnings of $0.10 per share for the current year, with EPS estimates ranging from ($0.04) to $0.24. For the next financial year, analysts anticipate that the business will report earnings of $0.04 per share. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Sky Solar.

Separately, BidaskClub raised shares of Sky Solar from a “sell” rating to a “hold” rating in a research report on Saturday, June 30th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Sky Solar currently has a consensus rating of “Hold” and a consensus target price of $3.92.

Shares of Sky Solar stock opened at $0.94 on Friday. The company has a market capitalization of $366.63 million, a P/E ratio of -1.18 and a beta of 1.05. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.17. Sky Solar has a 52 week low of $0.82 and a 52 week high of $2.43.

About Sky Solar

Sky Solar Holdings, Ltd., an investment holding company, operates as an independent power producer worldwide. The company develops, owns, and operates solar parks primarily in the downstream solar market. It also sells solar energy systems, including pipeline; and engineering, construction, and procurement services, as well as engages in building and transferring solar parks.

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