Focus Universal (FCUV) to Release Earnings on Wednesday

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

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

Focus Universal Stock Performance

NASDAQ:FCUV opened at $10.44 on Monday. The stock has a market cap of $7.31 million, a P/E ratio of -0.70 and a beta of -0.66. Focus Universal has a 1-year low of $1.79 and a 1-year high of $210.00. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.44 and a quick ratio of 2.34. The firm has a 50-day moving average of $5.27 and a two-hundred day moving average of $8.96.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wall Street Zen raised Focus Universal to a “hold” rating in a report on Saturday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Focus Universal in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus 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.