urban-gro (UGRO) Scheduled to Post Earnings on Tuesday

urban-gro (NASDAQ:UGRO) is scheduled to post its quarterly earnings results after the market closes on Tuesday, April 30th. urban-gro has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

urban-gro (NASDAQ:UGRO) last released its quarterly earnings results on Wednesday, March 27th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.24). The company had revenue of $15.01 million during the quarter, compared to analysts’ expectations of $29.98 million. urban-gro had a negative net margin of 26.11% and a negative return on equity of 61.92%.

urban-gro Stock Performance

urban-gro stock opened at $1.75 on Friday. The company’s 50 day simple moving average is $1.94 and its 200-day simple moving average is $1.60. The company has a market capitalization of $21.47 million, a price-to-earnings ratio of -1.05 and a beta of 2.56. urban-gro has a 1 year low of $1.00 and a 1 year high of $2.84.

Analysts Set New Price Targets

Separately, Craig Hallum reduced their price target on shares of urban-gro from $6.00 to $3.25 and set a “buy” rating on the stock in a research note on Thursday, March 28th.

About urban-gro

urban-gro, Inc engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe. The company provides architectural design, engineering, and construction services comprising pre-construction, cultivation space programming (CSP), architectural and interior design, engineering, integrated cultivation design, owner's representative/construction management, and general contracting services; and maintenance, training, and support services.