Azure Power Global Ltd. (NYSE:AZRE) will issue its quarterly earnings data after the market closes on Thursday, November 9th. Analysts expect the company to announce earnings of ($0.76) per share for the quarter.

Azure Power Global (NYSE:AZRE) last announced its quarterly earnings data on Friday, August 11th. The energy company reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.03). The firm had revenue of $29.06 million during the quarter, compared to the consensus estimate of $28.50 million. Azure Power Global had a negative net margin of 18.15% and a negative return on equity of 9.96%. On average, analysts expect Azure Power Global to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Azure Power Global Ltd. (AZRE) opened at $15.41 on Wednesday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 2.27. Azure Power Global Ltd. has a 12-month low of $14.20 and a 12-month high of $22.00.

ILLEGAL ACTIVITY NOTICE: This report was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another website, it was illegally stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be read at

AZRE has been the topic of several recent research reports. Zacks Investment Research upgraded Azure Power Global from a “sell” rating to a “hold” rating in a research report on Thursday, September 7th. BidaskClub upgraded Azure Power Global from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 21st. Finally, Roth Capital set a $22.00 price target on Azure Power Global and gave the stock a “buy” rating in a research report on Sunday, August 20th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $22.00.

About Azure Power Global

Azure Power Global Limited is an India-based power producer. The Company sells solar power in India on long term fixed price contracts to its customers. The Company is also developing micro-grid applications for the highly fragmented and underserved electricity market in India. The Company operates approximately 20 utility scale projects and several commercial rooftop projects with a combined rated capacity of approximately 240 megawatts.

Receive News & Stock Ratings for Azure Power Global Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Azure Power Global Ltd. and related stocks with our FREE daily email newsletter.