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.

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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.

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