ClearSign Technologies (CLIR) Set to Announce Earnings on Wednesday

ClearSign Technologies (NASDAQ:CLIR) will release its earnings data after the market closes on Wednesday, November 20th. Analysts expect ClearSign Technologies to post earnings of ($0.03) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

ClearSign Technologies (NASDAQ:CLIR) last posted its quarterly earnings data on Wednesday, August 21st. The technology company reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). ClearSign Technologies had a negative return on equity of 66.91% and a negative net margin of 210.18%. The business had revenue of $0.05 million for the quarter, compared to analyst estimates of $0.33 million. During the same period in the previous year, the company posted ($0.04) earnings per share. On average, analysts expect ClearSign Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ClearSign Technologies Stock Up 4.4 %

Shares of NASDAQ:CLIR opened at $0.94 on Wednesday. The company has a market cap of $47.20 million, a price-to-earnings ratio of -7.83 and a beta of 1.07. The business has a 50 day moving average price of $0.83 and a 200 day moving average price of $0.80. ClearSign Technologies has a twelve month low of $0.62 and a twelve month high of $1.72.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. StockNews.com started coverage on shares of ClearSign Technologies in a research note on Sunday. They issued a “sell” rating on the stock. HC Wainwright restated a “buy” rating and issued a $6.00 price target on shares of ClearSign Technologies in a research report on Thursday, August 22nd.

ClearSign Technologies Company Profile

ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong.