Beam Global (BEEM) to Release Quarterly Earnings on Monday

Beam Global (NASDAQ:BEEM - Get Free Report) is scheduled to announce its earnings results after the market closes on Monday, May 20th. Analysts expect the company to announce earnings of ($0.30) per share for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Beam Global (NASDAQ:BEEM - Get Free Report) last announced its quarterly earnings data on Tuesday, April 16th. The company reported ($0.51) earnings per share (EPS) for the quarter. Beam Global had a negative net margin of 23.84% and a negative return on equity of 36.71%. The firm had revenue of $20.03 million during the quarter. On average, analysts expect Beam Global to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Beam Global Trading Up 1.1 %

Shares of NASDAQ:BEEM traded up $0.07 on Thursday, reaching $6.32. 131,029 shares of the company were exchanged, compared to its average volume of 108,957. Beam Global has a 1-year low of $5.00 and a 1-year high of $13.66. The firm has a market cap of $91.81 million, a price-to-earnings ratio of -4.30 and a beta of 0.92. The company has a 50-day moving average of $6.46 and a 200-day moving average of $6.45.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BEEM. HC Wainwright restated a "buy" rating and issued a $30.00 target price on shares of Beam Global in a report on Thursday, April 18th. B. Riley reduced their target price on shares of Beam Global from $18.00 to $15.00 and set a "buy" rating on the stock in a report on Thursday, April 18th. Roth Mkm restated a "buy" rating and issued a $9.00 target price on shares of Beam Global in a report on Tuesday, April 23rd. Finally, Needham & Company LLC restated a "hold" rating on shares of Beam Global in a report on Thursday, April 18th.

Beam Global Company Profile

Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs.