Real Goods Solar (RGSE) to Release Quarterly Earnings on Wednesday

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

Real Goods Solar (NASDAQ:RGSE) last posted its earnings results on Friday, May 11th. The energy company reported ($0.42) earnings per share (EPS) 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 for 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.

RGSE stock opened at $0.34 on Tuesday. Real Goods Solar has a 52-week low of $0.30 and a 52-week high of $3.25.

Several equities research analysts have recently issued reports on RGSE shares. ValuEngine raised shares of Real Goods Solar from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. Westpark Capital started coverage on shares of Real Goods Solar in a research note on Friday, July 6th. They set a “buy” rating and a $2.00 target price on the stock.

In related news, CEO Dennis J. Lacey purchased 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 16th. The shares were purchased at an average cost of $1.24 per share, with a total value of $31,000.00. Following the purchase, the chief executive officer now owns 50,000 shares of the company’s stock, valued at approximately $62,000. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company 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.

Recommended Story: NASDAQ Stock Market Explained

Earnings History for Real Goods Solar (NASDAQ:RGSE)

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

Leave a Reply