TOMI Environmental Solutions (TOMZ) Set to Announce Earnings on Thursday

TOMI Environmental Solutions (NASDAQ:TOMZ) will be announcing its earnings results after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of ($0.04) per share for the quarter.

TOMI Environmental Solutions (NASDAQ:TOMZ) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05). TOMI Environmental Solutions had a negative net margin of 51.20% and a negative return on equity of 39.96%. The business had revenue of $1.11 million for the quarter, compared to the consensus estimate of $2.58 million. 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 Price Performance

NASDAQ TOMZ traded up $0.04 during trading hours on Wednesday, reaching $0.77. The company’s stock had a trading volume of 833 shares, compared to its average volume of 44,113. The business has a 50-day simple moving average of $0.85 and a 200 day simple moving average of $0.76. 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 quick ratio of 1.98 and a current ratio of 4.36.

Analysts Set New Price Targets

Separately, HC Wainwright restated a “buy” rating and set a $3.50 price objective on shares of TOMI Environmental Solutions in a research report on Friday, July 26th.

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.