TOMI Environmental Solutions (TOMZ) to Release Quarterly Earnings on Thursday

TOMI Environmental Solutions (NASDAQ:TOMZ) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 1st. Analysts expect TOMI Environmental Solutions to post earnings of ($0.04) per share for the quarter.

TOMI Environmental Solutions (NASDAQ:TOMZ) last released its quarterly earnings data on Wednesday, May 15th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.05). The business had revenue of $1.11 million for the quarter, compared to analysts’ expectations of $2.58 million. TOMI Environmental Solutions had a negative net margin of 51.20% and a negative return on equity of 39.96%. On average, analysts expect TOMI Environmental Solutions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TOMI Environmental Solutions Stock Performance

Shares of TOMZ traded down $0.02 during trading hours on Tuesday, hitting $0.74. The company’s stock had a trading volume of 8,517 shares, compared to its average volume of 44,385. The business has a 50 day simple moving average of $0.85 and a two-hundred day simple moving average of $0.77. TOMI Environmental Solutions has a 52-week low of $0.52 and a 52-week high of $1.39. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.36 and a quick ratio of 1.98. The company has a market cap of $14.67 million, a price-to-earnings ratio of -4.17 and a beta of 1.30.

Wall Street Analyst Weigh In

Separately, HC Wainwright reissued a “buy” rating and set a $3.50 target price on shares of TOMI Environmental Solutions in a report on Friday.

About TOMI Environmental Solutions

TOMI Environmental Solutions, Inc, a bacteria decontamination and infectious disease control company, provides environmental solutions for indoor surface decontamination in the United States and internationally. Its products and services include SteraMist Surface Unit, a portable, handheld, point and spray disinfection/decontamination system intended to provide quick turnover of any affected space; SteraMist Environment System, a transportable, remotely controlled system that offers complete room disinfection/decontamination of a sealed space; and The SteraMist Hospital Disinfection Cart, a solution to aid its hospital-healthcare customers in providing the quality of care and safety to their patients by disinfecting patient and operating rooms, pharmacies, ambulances, and emergency environments in a hospital or healthcare facility.