EnSync (ESNC) to Release Earnings on Monday

EnSync (NYSEAMERICAN:ESNC) will release its earnings data after the market closes on Monday, November 12th. Analysts expect EnSync to post earnings of ($0.05) per share for the quarter.

EnSync (NYSEAMERICAN:ESNC) last announced its earnings results on Tuesday, September 25th. The technology company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The business had revenue of $1.65 million during the quarter, compared to analysts’ expectations of $5.05 million.

Shares of EnSync stock opened at $0.24 on Friday. EnSync has a 1-year low of $0.18 and a 1-year high of $0.56.

In other news, Director Theodore Stern acquired 192,308 shares of the company’s stock in a transaction dated Wednesday, September 5th. The shares were bought at an average price of $0.26 per share, with a total value of $50,000.08. Following the purchase, the director now owns 784,579 shares of the company’s stock, valued at $203,990.54. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Several brokerages have weighed in on ESNC. Zacks Investment Research raised EnSync from a “hold” rating to a “buy” rating and set a $0.25 target price on the stock in a research note on Friday, September 28th. HC Wainwright set a $2.00 target price on EnSync and gave the company a “buy” rating in a research note on Wednesday, September 26th.

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About EnSync

EnSync, Inc, together with its subsidiaries, develops, licenses, and manufactures energy management systems solutions for the residential and commercial energy systems, and independent utility energy systems markets in the United States and internationally. The company's products include Matrix energy management, an energy control system for the commercial and residential energy systems markets; Home Energy System for property developers and residential customers; and DER SuperModule system, a self-contained DER system that integrates with renewable generation, customer load, and grid interconnection for deploying the least expensive, highest value, and most reliable electricity.

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Earnings History for EnSync (NYSEAMERICAN:ESNC)

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