SKYX Platforms (SKYX) Projected to Post Earnings on Monday

SKYX Platforms (NASDAQ:SKYX - Get Free Report) is expected to announce its earnings results before the market opens on Monday, April 7th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $23.60 million for the quarter.

SKYX Platforms (NASDAQ:SKYX - Get Free Report) last released its earnings results on Monday, March 24th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.03). SKYX Platforms had a negative return on equity of 353.92% and a negative net margin of 44.92%. The business had revenue of $23.70 million for the quarter, compared to analysts' expectations of $22.93 million. On average, analysts expect SKYX Platforms to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SKYX Platforms Price Performance

NASDAQ SKYX traded down $0.09 during trading hours on Thursday, reaching $1.08. The company's stock had a trading volume of 389,681 shares, compared to its average volume of 414,502. The company has a quick ratio of 0.47, a current ratio of 0.62 and a debt-to-equity ratio of 2.22. SKYX Platforms has a 1 year low of $0.72 and a 1 year high of $2.14. The firm's 50-day moving average price is $1.50 and its 200-day moving average price is $1.27. The company has a market capitalization of $112.83 million, a price-to-earnings ratio of -2.70 and a beta of -3,008.78.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products.