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Zeo Energy (NASDAQ:ZEO) Posts Quarterly 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.
  • Want stock alerts on Zeo Energy? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

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

Zeo Energy Trading Down 3.4%

Shares of NASDAQ ZEO traded down $0.08 during mid-day trading on Friday, reaching $2.27. 43,248 shares of the company's stock were exchanged, compared to its average volume of 38,217. The firm has a market capitalization of $111.92 million, a price-to-earnings ratio of -3.20 and a beta of -0.12. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.69 and a current ratio of 0.76. Zeo Energy has a 52-week low of $1.05 and a 52-week high of $4.00. The company's 50-day moving average is $2.70 and its 200-day moving average is $2.15.

Hedge Funds Weigh In On Zeo Energy

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

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.

See Also

Earnings History for Zeo Energy (NASDAQ:ZEO)

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