Real Goods Solar (RGSE) Posts Earnings Results, Misses Expectations By $0.17 EPS

Real Goods Solar (NASDAQ:RGSE) issued its quarterly earnings data on Wednesday. The energy company reported ($0.49) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.32) by ($0.17), Fidelity Earnings reports. Real Goods Solar had a negative return on equity of 1,060.16% and a negative net margin of 239.87%. The firm had revenue of $3.89 million during the quarter, compared to the consensus estimate of $3.84 million.

RGSE stock traded down $0.01 during trading on Friday, reaching $0.37. The stock had a trading volume of 5,800 shares, compared to its average volume of 6,553,459. Real Goods Solar has a one year low of $0.30 and a one year high of $1.95.

RGSE has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of Real Goods Solar from a “hold” rating to a “buy” rating and set a $0.50 price objective for the company in a research report on Thursday. Westpark Capital set a $2.00 price objective on shares of Real Goods Solar and gave the stock a “buy” rating in a research report on Friday, November 2nd.

ILLEGAL ACTIVITY NOTICE: “Real Goods Solar (RGSE) Posts Earnings Results, Misses Expectations By $0.17 EPS” was posted by WKRB News and is owned by of WKRB News. If you are reading this news story on another site, it was stolen and reposted in violation of US and international copyright and trademark laws. The original version of this news story can be viewed at https://www.wkrb13.com/2018/11/09/real-goods-solar-rgse-posts-earnings-results-misses-expectations-by-0-17-eps.html.

About Real Goods Solar

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 United States.

Read More: Preferred Stock

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