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Zeo Energy (NASDAQ:ZEO) Releases Earnings Results

Zeo Energy logo with Energy background

Key Points

  • Zeo Energy reported an earnings per share (EPS) of ($0.11) and revenue of $18.10 million for the quarter.
  • The company's stock is trading at $2.31, with a 12-month low of $1.05 and a high of $4.00.
  • Geode Capital Management raised its stake in Zeo Energy by 98.2%, now owning 0.35% of the company worth about $504,000.
  • MarketBeat previews top five stocks to own in October.

Zeo Energy (NASDAQ:ZEO - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported ($0.11) earnings per share for the quarter, Zacks reports. The firm had revenue of $18.10 million for the quarter.

Zeo Energy Stock Up 2.9%

Shares of ZEO traded up $0.06 during mid-day trading on Tuesday, hitting $2.11. 65,539 shares of the company's stock were exchanged, compared to its average volume of 37,957. The company has a market cap of $104.04 million, a PE ratio of -2.97 and a beta of -0.12. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.76 and a quick ratio of 0.70. Zeo Energy has a 52 week low of $1.05 and a 52 week high of $4.00. The company has a 50-day simple moving average of $2.65 and a 200 day simple moving average of $2.15.

Institutional Investors Weigh In On Zeo Energy

An institutional investor recently raised its position in Zeo Energy stock. Geode Capital Management LLC increased its stake in Zeo Energy Corp. (NASDAQ:ZEO - Free Report) by 98.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 173,670 shares of the company's stock after buying an additional 86,047 shares during the quarter. Geode Capital Management LLC owned approximately 0.35% of Zeo Energy worth $504,000 as of its most recent SEC filing.

Zeo Energy Company Profile

(Get Free Report)

Zeo Energy Corp. provides residential solar energy systems, other energy efficient equipment, and related services in Florida, Texas, Arkansas, and Missouri, the United States. The company is involved in the selling and installing of residential solar energy systems that homeowners use electricity required to power their homes.

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Earnings History for Zeo Energy (NASDAQ:ZEO)

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