Analysts Set Expectations for POET Technologies Inc.'s Q2 2024 Earnings (CVE:PTK)
Analysts at Zacks Small Cap have issued Q2 2024 earnings estimates for POET Technologies Inc. The company is expected to post earnings per share of ($0.12) for the quarter. The consensus estimate for the company's full-year earnings is ($0.80) per share. Zacks Small Cap also provided estimates for Q3 2024 and Q4 2024 earnings, as well as FY2025 and FY2026 earnings.
POET Technologies Inc. (CVE:PTK - Free Report) - Analysts at Zacks Small Cap issued their Q2 2024 EPS estimates for POET Technologies in a research report issued to clients and investors on Monday, June 10th. Zacks Small Cap analyst L. Thompson anticipates that the company will post earnings per share of ($0.12) for the quarter. The consensus estimate for POET Technologies' current full-year earnings is ($0.80) per share. Zacks Small Cap also issued estimates for POET Technologies' Q3 2024 earnings at ($0.11) EPS, Q4 2024 earnings at ($0.11) EPS, FY2025 earnings at ($0.57) EPS and FY2026 earnings at $0.46 EPS.
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POET Technologies (CVE:PTK - Get Free Report) last released its quarterly earnings data on Wednesday, May 15th. The company reported C($0.16) earnings per share for the quarter. The firm had revenue of C$0.01 million during the quarter.
POET Technologies Stock Performance
CVE:PTK opened at C$2.41 on Wednesday. The firm has a market cap of C$145.78 million, a PE ratio of -3.60 and a beta of 0.55. POET Technologies has a fifty-two week low of C$1.01 and a fifty-two week high of C$7.75. The company has a debt-to-equity ratio of 8.54, a quick ratio of 5.08 and a current ratio of 2.27. The business has a 50 day moving average price of C$2.50 and a 200-day moving average price of C$1.89.
About POET Technologies
(Get Free Report)POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.
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