Enlight Renewable Energy (NASDAQ:ENLT - Get Free Report) will issue its quarterly earnings data before the market opens on Wednesday, November 13th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
Enlight Renewable Energy (NASDAQ:ENLT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.07. Enlight Renewable Energy had a net margin of 18.61% and a return on equity of 3.97%. The firm had revenue of $84.70 million for the quarter, compared to analysts' expectations of $76.23 million. During the same period in the previous year, the company posted $0.12 EPS. The company's quarterly revenue was up 61.0% compared to the same quarter last year. On average, analysts expect Enlight Renewable Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Enlight Renewable Energy Stock Down 8.4 %
NASDAQ:ENLT traded down $1.38 on Wednesday, hitting $15.10. 11,135 shares of the company's stock traded hands, compared to its average volume of 26,271. The company has a market cap of $1.75 billion, a PE ratio of 33.56 and a beta of 1.71. Enlight Renewable Energy has a 1 year low of $13.33 and a 1 year high of $20.00. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.59. The firm has a 50-day moving average price of $15.96 and a 200-day moving average price of $16.36.
Wall Street Analyst Weigh In
Separately, Roth Mkm reaffirmed a "buy" rating and set a $20.00 price objective on shares of Enlight Renewable Energy in a research report on Wednesday, August 14th.
Read Our Latest Analysis on Enlight Renewable Energy
About Enlight Renewable Energy
(
Get Free Report)
Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects.
Further Reading
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