Draganfly (DPRO) Set to Announce Quarterly Earnings on Tuesday

Draganfly (NASDAQ:DPRO) will be posting its quarterly earnings results after the market closes on Tuesday, August 13th. Analysts expect Draganfly to post earnings of ($0.05) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Draganfly (NASDAQ:DPRO) last released its earnings results on Tuesday, May 14th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.04. Draganfly had a negative net margin of 292.78% and a negative return on equity of 497.78%. The firm had revenue of $0.99 million for the quarter, compared to the consensus estimate of $1.29 million. During the same quarter in the previous year, the firm earned ($0.15) earnings per share. On average, analysts expect Draganfly to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Draganfly Trading Down 36.3 %

Shares of DPRO opened at $0.10 on Monday. The company’s fifty day moving average is $0.21 and its 200 day moving average is $0.24. Draganfly has a fifty-two week low of $0.10 and a fifty-two week high of $1.04. The stock has a market capitalization of $4.93 million, a PE ratio of -0.32 and a beta of 2.31. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.86 and a current ratio of 1.08.

Analyst Upgrades and Downgrades

Separately, HC Wainwright restated a “buy” rating and issued a $1.00 price target on shares of Draganfly in a research report on Wednesday, May 15th.

Draganfly Company Profile

Draganfly Inc develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quad-?copters, ???fixed wing ?aircrafts, ground based robots, handheld controllers, and flight training, as well as software ?used for tracking, live ???streaming, ?and data collection.