Wall Street brokerages expect Aquantia Corp (NYSE:AQ) to report ($0.25) earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Aquantia’s earnings. The highest EPS estimate is ($0.21) and the lowest is ($0.31). Aquantia posted earnings of $0.01 per share during the same quarter last year, which suggests a negative year over year growth rate of 2,600%. The firm is expected to report its next quarterly earnings results on Wednesday, July 24th.
On average, analysts expect that Aquantia will report full-year earnings of ($0.76) per share for the current fiscal year, with EPS estimates ranging from ($1.05) to ($0.61). For the next fiscal year, analysts expect that the company will post earnings of $0.03 per share, with EPS estimates ranging from ($0.07) to $0.12. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Aquantia.
Aquantia (NYSE:AQ) last announced its quarterly earnings data on Monday, May 6th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.30) by ($0.07). Aquantia had a negative net margin of 19.62% and a negative return on equity of 23.48%. The firm had revenue of $17.02 million during the quarter, compared to analysts’ expectations of $19.60 million.
Shares of AQ traded down $0.05 during mid-day trading on Friday, reaching $13.00. The stock had a trading volume of 279,530 shares, compared to its average volume of 599,828. The company has a current ratio of 3.99, a quick ratio of 3.25 and a debt-to-equity ratio of 0.08. Aquantia has a 52-week low of $7.08 and a 52-week high of $14.00. The firm has a market capitalization of $461.93 million, a P/E ratio of -44.83 and a beta of 1.17.
Aquantia Company Profile
Aquantia Corp., together with its subsidiaries, designs, develops, and markets advanced high-speed communication integrated circuits for Ethernet connectivity in the data center, enterprise infrastructure, access, and automotive markets worldwide. Its products include corporate data center products; enterprise infrastructure products; and access products, such as client connectivity and carrier access.
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