A2Z Smart Technologies (NASDAQ:AZ) Announces Earnings Results, Misses Expectations By $0.26 EPS

A2Z Smart Technologies (NASDAQ:AZ - Get Free Report) issued its quarterly earnings results on Monday. The company reported ($0.51) EPS for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.26), Zacks reports. The company had revenue of $2.00 million during the quarter, compared to the consensus estimate of $2.00 million.

A2Z Smart Technologies Trading Up 1.9 %

Shares of NASDAQ AZ traded up $0.13 during mid-day trading on Thursday, hitting $6.80. The company had a trading volume of 95,499 shares, compared to its average volume of 83,981. The stock's 50-day moving average price is $6.99 and its 200-day moving average price is $5.90. The company has a market capitalization of $186.62 million, a price-to-earnings ratio of -13.60 and a beta of 1.38. A2Z Smart Technologies has a 1 year low of $0.85 and a 1 year high of $8.28.

Wall Street Analysts Forecast Growth

Separately, Benchmark raised their price target on shares of A2Z Smart Technologies from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Wednesday, March 26th.

A2Z Smart Technologies Company Profile

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts.