Adomani (ADOM) Set to Announce Quarterly Earnings on Wednesday

Adomani (NASDAQ:ADOM) is scheduled to be announcing its earnings results after the market closes on Wednesday, July 24th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

Adomani (NASDAQ:ADOM) last announced its quarterly earnings data on Friday, May 3rd. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. The business had revenue of $0.42 million during the quarter, compared to analysts’ expectations of $1.46 million. Adomani had a negative return on equity of 104.32% and a negative net margin of 169.52%. On average, analysts expect Adomani to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of ADOM opened at $0.24 on Tuesday. The firm has a 50-day moving average of $0.29. The stock has a market cap of $17.40 million, a PE ratio of -1.59 and a beta of 1.39. Adomani has a 1 year low of $0.16 and a 1 year high of $0.92.

Several research firms recently weighed in on ADOM. Zacks Investment Research upgraded Falcon Minerals from a “sell” rating to a “hold” rating in a research note on Monday. Roth Capital set a $194.00 target price on Universal Display and gave the stock a “buy” rating in a research note on Friday, May 3rd.

Adomani Company Profile

ADOMANI, Inc provides zero-emission electric and hybrid drivetrain systems for integration in new and existing school buses and medium to heavy-duty commercial fleet vehicles. Its products include traction motor/generator and motor controller, as well as power-flow set up for direct-drive configuration, which is a single speed gearbox, or a multi-gear ration transmission system.

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Earnings History for Adomani (NASDAQ:ADOM)

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