Wall Street brokerages expect that Hanwha Q Cells Co Ltd -ADR (NASDAQ:HQCL) will post $0.06 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Hanwha Q Cells’ earnings. Hanwha Q Cells also reported earnings of $0.06 per share in the same quarter last year. The firm is expected to report its next earnings report on Friday, November 9th.
On average, analysts expect that Hanwha Q Cells will report full-year earnings of $0.56 per share for the current year. For the next financial year, analysts forecast that the business will post earnings of $0.27 per share. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Hanwha Q Cells.
Hanwha Q Cells (NASDAQ:HQCL) last issued its quarterly earnings data on Monday, August 13th. The semiconductor company reported ($0.50) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.61). Hanwha Q Cells had a negative return on equity of 11.39% and a negative net margin of 2.62%. The business had revenue of $518.40 million for the quarter, compared to analysts’ expectations of $500.30 million.
Shares of HQCL traded up $0.02 during mid-day trading on Friday, reaching $9.68. 147 shares of the company’s stock were exchanged, compared to its average volume of 125,863. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.93 and a quick ratio of 0.61. Hanwha Q Cells has a 52-week low of $5.40 and a 52-week high of $9.70. The stock has a market cap of $803.64 million, a price-to-earnings ratio of -88.00 and a beta of 0.78.
Hanwha Q Cells Company Profile
Hanwha Q CELLS Co, Ltd., a solar energy company, develops, manufactures, and sells solar cells and photovoltaic (PV) modules in South Korea, the United States, Europe, Japan, Australia, the People's Republic of China, India, Turkey, and internationally. Its principal products include PV cells, PV modules, silicon ingots, and silicon wafers.
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