$0.04 EPS Expected for Azure Power Global Limited (AZRE)

July 14, 2018 - By Catherine Diaz

Analysts expect Azure Power Global Limited (NYSE:AZRE) to report $0.04 EPS on August, 10.They anticipate $0.05 EPS change or 55.56 % from last quarter’s $0.09 EPS. AZRE’s profit would be $1.04M giving it 90.38 P/E if the $0.04 EPS is correct. After having $0.01 EPS previously, Azure Power Global Limited’s analysts see 300.00 % EPS growth. The stock decreased 0.28% or $0.04 during the last trading session, reaching $14.46. About 29,087 shares traded. Azure Power Global Limited (NYSE:AZRE) has declined 10.48% since July 14, 2017 and is downtrending. It has underperformed by 23.05% the S&P500.

Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. The company has market cap of $375.92 million. It generates solar energy based on long-term contracts with Indian government entities, as well as other non-governmental energy distribution companies and commercial customers. It currently has negative earnings. As of March 31, 2017, it had an installed capacity of 12.2 gigawatts.

More notable recent Azure Power Global Limited (NYSE:AZRE) news were published by: Businesswire.com which released: “Azure Power Global Limited to Hold 2018 Annual General Meeting on August 13, 2018” on June 19, 2018, also Investorplace.com with their article: “5 Stocks to Buy as Markets Are Shrugging Off Trade War Fears” published on July 09, 2018, Streetinsider.com published: “Azure Power Global Limited (AZRE) PT Raised to $24 at Credit Suisse” on June 18, 2018. More interesting news about Azure Power Global Limited (NYSE:AZRE) were released by: Businesswire.com and their article: “Azure Power Files Fiscal Year 2018 Annual Report on Form 20-F” published on June 15, 2018 as well as Seekingalpha.com‘s news article titled: “Azure Power (AZRE) CEO Inderpreet Wadhwa on Q4 2018 Results – Earnings Call Transcript” with publication date: June 18, 2018.

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