Analysts expect that Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) will announce ($0.03) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Revolution Lighting Technologies’ earnings, with estimates ranging from ($0.04) to ($0.02). Revolution Lighting Technologies posted earnings per share of $0.14 in the same quarter last year, which would suggest a negative year-over-year growth rate of 121.4%. The business is expected to report its next earnings results on Thursday, March 8th.

According to Zacks, analysts expect that Revolution Lighting Technologies will report full year earnings of ($0.42) per share for the current fiscal year, with EPS estimates ranging from ($0.44) to ($0.41). For the next year, analysts forecast that the company will post earnings of $0.06 per share, with EPS estimates ranging from ($0.15) to $0.26. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that follow Revolution Lighting Technologies.

Revolution Lighting Technologies (NASDAQ:RVLT) last posted its quarterly earnings results on Thursday, October 26th. The electronics maker reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02. The firm had revenue of $43.10 million for the quarter, compared to analysts’ expectations of $42.56 million. Revolution Lighting Technologies had a negative net margin of 3.94% and a negative return on equity of 2.39%. The firm’s quarterly revenue was down 14.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.11 earnings per share.

Several analysts recently issued reports on RVLT shares. HC Wainwright set a $16.00 price target on shares of Revolution Lighting Technologies and gave the company a “buy” rating in a report on Friday, July 28th. ValuEngine cut shares of Revolution Lighting Technologies from a “hold” rating to a “sell” rating in a report on Monday, September 18th. Roth Capital set a $8.00 price target on shares of Revolution Lighting Technologies and gave the company a “buy” rating in a report on Friday, October 27th. Finally, TheStreet cut shares of Revolution Lighting Technologies from a “c-” rating to a “d+” rating in a report on Friday, November 3rd.

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Revolution Lighting Technologies (RVLT) traded up $0.05 on Friday, reaching $4.38. 54,900 shares of the company traded hands, compared to its average volume of 123,259. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.60 and a current ratio of 2.41. Revolution Lighting Technologies has a 1 year low of $4.27 and a 1 year high of $9.17.

Several large investors have recently modified their holdings of the business. Signia Capital Management LLC raised its holdings in shares of Revolution Lighting Technologies by 2.2% during the third quarter. Signia Capital Management LLC now owns 850,212 shares of the electronics maker’s stock worth $5,526,000 after purchasing an additional 18,499 shares during the period. Cowen Prime Services LLC acquired a new stake in shares of Revolution Lighting Technologies during the third quarter worth $4,428,000. Lapides Asset Management LLC raised its holdings in shares of Revolution Lighting Technologies by 24.9% during the third quarter. Lapides Asset Management LLC now owns 118,400 shares of the electronics maker’s stock worth $770,000 after purchasing an additional 23,600 shares during the period. First Manhattan Co. acquired a new stake in shares of Revolution Lighting Technologies during the third quarter worth $100,000. Finally, Northpointe Capital LLC acquired a new stake in shares of Revolution Lighting Technologies during the third quarter worth $3,259,000. 34.22% of the stock is currently owned by institutional investors.

About Revolution Lighting Technologies

Revolution Lighting Technologies, Inc designs, manufactures, markets and sells commercial grade light-emitting diode (LED) and conventional lighting fixtures. The Company operates in Lighting Products and Solutions (principally LED fixtures and lamps) segment. The Company’s products are used for outdoor and indoor applications, LED-based signage, channel-letter and contour lighting products, LED replacement lamps and commercial grade smart grid control systems.

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