Geospace Technologies (GEOS) to Release Earnings on Thursday

Geospace Technologies (NASDAQ:GEOS) is scheduled to issue its quarterly earnings data after the market closes on Thursday, August 8th. Individual interested in listening to the company’s earnings conference call can do so using this link.

Geospace Technologies (NASDAQ:GEOS) last announced its quarterly earnings data on Thursday, May 9th. The oil and gas company reported ($0.32) earnings per share for the quarter. Geospace Technologies had a return on equity of 11.65% and a net margin of 11.75%. The business had revenue of $24.27 million during the quarter.

Geospace Technologies Stock Performance

GEOS stock opened at $8.56 on Wednesday. The firm has a market cap of $114.38 million, a P/E ratio of 7.19 and a beta of 0.67. The firm’s fifty day moving average is $9.40 and its 200 day moving average is $11.60. Geospace Technologies has a 52 week low of $7.27 and a 52 week high of $17.09.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Geospace Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, May 10th.

Geospace Technologies Company Profile

Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. The company operates through three segments: Oil and Gas Markets, Adjacent Markets, and Emerging Markets.