Real Goods Solar (RGSE) Scheduled to Post Earnings on Wednesday

Real Goods Solar (NASDAQ:RGSE) is scheduled to post its quarterly earnings results after the market closes on Wednesday, August 15th. Analysts expect Real Goods Solar to post earnings of ($0.33) per share for the quarter.

Real Goods Solar (NASDAQ:RGSE) last posted its quarterly earnings data on Friday, May 11th. The energy company reported ($0.42) earnings per share for the quarter. Real Goods Solar had a negative return on equity of 222.80% and a negative net margin of 125.52%. The firm had revenue of $2.82 million during the quarter. On average, analysts expect Real Goods Solar to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Real Goods Solar stock opened at $0.34 on Tuesday. Real Goods Solar has a 1-year low of $0.30 and a 1-year high of $3.25.

A number of analysts recently weighed in on the stock. ValuEngine raised shares of Real Goods Solar from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Westpark Capital assumed coverage on shares of Real Goods Solar in a research report on Friday, July 6th. They issued a “buy” rating and a $2.00 price objective on the stock.

In other news, CEO Dennis J. Lacey acquired 25,000 shares of Real Goods Solar stock in a transaction that occurred on Wednesday, May 16th. The shares were bought at an average cost of $1.24 per share, with a total value of $31,000.00. Following the transaction, the chief executive officer now directly owns 50,000 shares of the company’s stock, valued at approximately $62,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.26% of the company’s stock.

Real Goods Solar Company Profile

Real Goods Solar, Inc operates as a residential and small business commercial solar energy engineering, procurement, and construction company in the United States. The company's Residential segment installs solar energy systems for homeowners, including lease financing, as well as small business commercial services in the continental U.S.

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Earnings History for Real Goods Solar (NASDAQ:RGSE)

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