Earnings Miss: Advanced Emissions Solutions, Inc. Missed EPS By 74% And Analysts Are Revising Their Forecasts [Yahoo! Finance News]
Advanced Emissions Solutions, Inc. (ADES)
Last advanced emissions solutions, inc. earnings: 11/12 04:45 pm
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advancedemissionssolutions.com/ades-investors/overview
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Source: Yahoo! Finance News
Earnings Miss: Advanced Emissions Solutions, Inc. Missed EPS By 74% And Analysts Are Revising Their Forecasts vanced Emissions Solutions, Inc. NASDAQ:ADES View our latest analysis for vanced Emissions Solutions Taking into account the latest results, the latest consensus from vanced Emissions Solutions's sole analyst is for revenues of US$98.4m in 2020, which would reflect a major 52% improvement in sales compared to the last 12 months. Earnings per share are expected to shoot up 166% to US$4.81. In the lead-up to this report, analysts had been modelling revenues of US$110.7m and earnings per share EPS) of US$4.99 in 2020. It looks like analyst sentiment has fallen somewhat in the aftermath of these results, with a real cut to revenue estimates and a small dip in consensus earnings per share numbers as well. It'll come as no surprise then, to learn that analysts have cut their price target 49% to US$18.00. It can be useful to take a broader overview by seeing how analyst forecasts com
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