Draganfly (DPRO) Set to Announce Quarterly Earnings on Tuesday

Draganfly (NASDAQ:DPRO) is scheduled to be announcing its earnings results after the market closes on Tuesday, August 13th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Draganfly (NASDAQ:DPRO) last issued its earnings results on Tuesday, May 14th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.04. The firm had revenue of $0.99 million during the quarter, compared to the consensus estimate of $1.29 million. Draganfly had a negative return on equity of 497.78% and a negative net margin of 292.78%. During the same quarter in the previous year, the firm earned ($0.15) earnings per share. On average, analysts expect Draganfly to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Draganfly Stock Down 36.3 %

Shares of NASDAQ DPRO opened at $0.10 on Monday. The company has a market cap of $4.93 million, a price-to-earnings ratio of -0.32 and a beta of 2.31. The company has a current ratio of 1.08, a quick ratio of 0.86 and a debt-to-equity ratio of 0.23. The stock has a 50-day moving average price of $0.21 and a two-hundred day moving average price of $0.24. Draganfly has a 12 month low of $0.10 and a 12 month high of $1.04.

Wall Street Analyst Weigh In

Separately, HC Wainwright restated a “buy” rating and set a $1.00 price target on shares of Draganfly in a report on Wednesday, May 15th.

Draganfly Company Profile

Draganfly Inc develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quad-?copters, ???fixed wing ?aircrafts, ground based robots, handheld controllers, and flight training, as well as software ?used for tracking, live ???streaming, ?and data collection.