urban-gro (UGRO) Set to Announce Earnings on Tuesday

urban-gro (NASDAQ:UGRO) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, April 30th. urban-gro has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Parties that wish to register for the company’s conference call can do so using this link.

urban-gro (NASDAQ:UGRO) last announced its quarterly earnings results on Wednesday, March 27th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.24). The firm had revenue of $15.01 million during the quarter, compared to the consensus estimate of $29.98 million. urban-gro had a negative net margin of 26.11% and a negative return on equity of 61.92%.

urban-gro Stock Up 3.9 %

Shares of UGRO opened at $1.61 on Tuesday. The firm’s 50 day moving average price is $2.00 and its 200 day moving average price is $1.59. urban-gro has a twelve month low of $1.00 and a twelve month high of $2.84.

Analyst Ratings Changes

Separately, Craig Hallum decreased their price objective on shares of urban-gro from $6.00 to $3.25 and set a “buy” rating for the company in a report on Thursday, March 28th.

About urban-gro

urban-gro, Inc engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe. The company provides architectural design, engineering, and construction services comprising pre-construction, architectural and interior design, integrated cultivation design, owner's representative/construction management, and general contracting services; and maintenance, training, and support services.