Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) is reporting second quarter financial results on Monday 10th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, IEA is expected to report 2Q20 loss of $ 0.04 per share from revenue of $ 350.00 million.
For the full year, analysts anticipate top line of $ 1578.16 million, while looking forward to loss of $ 0.4 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,500.00 million ~ $ 1,650.00 million
Click Here For More Historical Outlooks Of Infrastructure and Energy Alternatives, Inc.
Previous Quarter Performance
Infrastructure and Energy Alternatives, Inc. disclosed loss for the first quarter of $ 0.66 per share, from the revenue of $ 358.16 million. The quarterly revenues boosted 87.71 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.56 per share from $ 245.00 million in revenue. The bottom line results missed street analysts by $ 0.1 or 17.86 percent, at the same time, top line results outshined analysts by $ 113.16 million or 46.19 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of IEA was $ 3.34, representing a 104.91 % increase from the 52 week low of $ 1.63 and a 38.94 % decrease over the 52 week high of $ 5.47.
The company has a market capital of $ 75.17 million and is part of the Industrials sector and Engineering & Construction industry.
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Infrastructure and Energy Alternatives, Inc., a diversified infrastructure construction company, provides engineering, procurement, and construction services for the renewable energy, traditional power, and civil infrastructure industries in the United States. It offers design, site development, construction, installation, and restoration of infrastructure services. The company was founded in 1947 is headquartered in Indianapolis, Indiana.
