Perma-Fix Environmental Services (PESI) to Release Quarterly Earnings on Thursday

Perma-Fix Environmental Services (NASDAQ:PESI) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.25) per share for the quarter.

Perma-Fix Environmental Services (NASDAQ:PESI) last released its quarterly earnings data on Wednesday, March 13th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. The company had revenue of $22.72 million during the quarter, compared to analysts’ expectations of $22.30 million. Perma-Fix Environmental Services had a net margin of 0.54% and a return on equity of 2.38%. On average, analysts expect Perma-Fix Environmental Services to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Perma-Fix Environmental Services Stock Performance

Shares of NASDAQ:PESI opened at $12.11 on Wednesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.13 and a current ratio of 1.18. The firm has a market cap of $165.54 million, a PE ratio of 403.80 and a beta of 0.50. The firm’s 50 day simple moving average is $10.82 and its 200-day simple moving average is $9.01. Perma-Fix Environmental Services has a one year low of $6.51 and a one year high of $14.17.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on PESI shares. TheStreet raised Perma-Fix Environmental Services from a “d+” rating to a “c-” rating in a research report on Thursday, February 22nd. StockNews.com upgraded shares of Perma-Fix Environmental Services from a “hold” rating to a “buy” rating in a research note on Monday.

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc, through its subsidiaries, operates as an environmental and technology know-how company in the United States. The company through Treatment and Services segments. The Treatment segment offers nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, and processing and disposal services through treatment and storage facilities.