Capstone Turbine Corporation (NASDAQ:CPST) microturbine technology solutions provider, is expected to report second quarter earnings results, after market close, on Tuesday 10th November 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.22 per share.
Looking ahead, the full year loss are expected at $ 0.92 per share on the revenues of $ 63.30 million.
Previous Quarter Performance
Capstone Turbine Corporation unwinded loss for the first quarter of $ 0.17 per share, from the revenue of $ 14.19 million. The quarterly revenues down 26.25 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.21 per share from $ 14.08 million in revenue. The bottom line results beat street analysts by $ 0.04 or 19.05 percent, at the same time, top line results outshined analysts by $ 0.11 million or 0.78 percent.
Stock Performance
Shares of Capstone Turbine Corporation traded up $ 0.20 or 4.20 percent on Monday, reaching $ 4.96 with volume of 66.70 thousand shares. Capstone Turbine Corporation has traded high as $ 5.40 and has cracked $ 4.91 on the downward trend
According to the previous trading day, closing price of $ 4.96, representing a 376.00 % increase from the 52 week low of $ 1.00 and a 30 % decrease over the 52 week high of $ 6.80.
The company has a market capital of $ 54.92 million and is part of the Industrials sector and Diversified Industrials industry.
Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, components, and various accessories for applications, including cogeneration comprising combined heat and power (CHP) and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply. The companys microturbines are also used as battery charging generators for hybrid electric vehicle applications.