Focus Universal (FCUV) to Announce Earnings on Wednesday

Focus Universal (NASDAQ:FCUV) is projected to announce its results before the market opens on Wednesday, September 2nd. Analysts expect Focus Universal to announce earnings of ($1.3333) per share and revenue of $0.40 million for the quarter.

Focus Universal (NASDAQ:FCUV) last issued its earnings results on Friday, August 14th. The company reported ($2.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.33) by ($1.36). Focus Universal had a negative return on equity of 151.07% and a negative net margin of 637.15%.The firm had revenue of $0.68 million during the quarter, compared to analysts’ expectations of $0.40 million.

Focus Universal Stock Down 5.7%

Shares of NASDAQ FCUV opened at $9.85 on Tuesday. The stock has a market capitalization of $6.89 million, a P/E ratio of -0.66 and a beta of -0.66. Focus Universal has a one year low of $1.79 and a one year high of $210.00. The firm’s 50 day simple moving average is $5.43 and its two-hundred day simple moving average is $8.86. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.44 and a quick ratio of 2.34.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FCUV. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Focus Universal in a research note on Wednesday, June 24th. Wall Street Zen raised shares of Focus Universal to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Focus Universal currently has an average rating of “Sell”.

About Focus Universal

Focus Universal Inc develops and manufactures smart instrumentation platform and device. It offers Ubiquitor, a wireless sensor device with a universal sensor node and gateway system that uses a computer or mobile device as the output display module that displays the readings of various sensor nodes. The company's universal smart instrumentation platform (USIP) utilizes mobile devices or computers to communicate with smart devices, such as sensors, instruments, probes, and controllers to monitor and control any functions.