ZenaTech (ZENA) Expected to Announce Earnings on Tuesday

ZenaTech (NASDAQ:ZENA) will likely be issuing its resultson Tuesday, November 10th. Analysts expect ZenaTech to post earnings of ($0.18) per share and revenue of $9.12 million for the quarter.

ZenaTech (NASDAQ:ZENA) last issued its quarterly earnings data on Thursday, September 24th. The company reported ($0.20) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.20). ZenaTech had a negative return on equity of 3,081.41% and a negative net margin of 306.35%. The business had revenue of $6.57 million during the quarter, compared to analyst estimates of $6.56 million. On average, analysts expect ZenaTech to post ($0.83) EPS for the current fiscal year and ($0.50) EPS for the next fiscal year.

ZenaTech Stock Down 0.5%

NASDAQ ZENA traded down $0.00 during trading hours on Tuesday, reaching $0.73. 1,423,836 shares of the company’s stock were exchanged, compared to its average volume of 2,615,357. The company’s 50-day moving average is $1.35 and its two-hundred day moving average is $1.93. ZenaTech has a one year low of $0.69 and a one year high of $5.17. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.59 and a current ratio of 1.72. The company has a market capitalization of $146.24 million, a price-to-earnings ratio of -0.49 and a beta of 7.52.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of ZenaTech from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, August 13th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, ZenaTech presently has a consensus rating of “Hold” and a consensus price target of $4.50.

ZenaTech Company Profile

ZenaTech, Inc (NASDAQ: ZENA) is a technology company focused on artificial intelligence, drone-based solutions and enterprise software. Its business combines autonomous drone development with cloud-based applications intended to help organizations manage operations, data and workflows.

The company’s ZenaDrone product line is designed for commercial and industrial applications, including inspection, monitoring, logistics, agriculture, public safety and defense. The systems are intended to use autonomous flight capabilities, artificial intelligence and other technologies to collect data and support tasks that may otherwise require manual aircraft operations.

ZenaTech also develops and markets software solutions for businesses, including tools associated with customer relationship management, enterprise resource planning, workforce management and office productivity.