Analysts expect Marrone Bio Innovations (NASDAQ:MBII) to announce ($0.04) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Marrone Bio Innovations’ earnings. Marrone Bio Innovations posted earnings of ($0.31) per share in the same quarter last year, which suggests a positive year over year growth rate of 87.1%. The company is scheduled to report its next earnings report on Thursday, May 10th.
On average, analysts expect that Marrone Bio Innovations will report full year earnings of ($0.14) per share for the current year. For the next fiscal year, analysts anticipate that the company will report earnings of ($0.12) per share. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that cover Marrone Bio Innovations.
Marrone Bio Innovations (NASDAQ:MBII) last announced its quarterly earnings data on Thursday, March 29th. The basic materials company reported ($0.24) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.26) by $0.02. The business had revenue of $3.32 million during the quarter.
Shares of MBII traded up $0.02 during mid-day trading on Wednesday, hitting $1.85. The company’s stock had a trading volume of 3,273,863 shares, compared to its average volume of 347,297. The stock has a market capitalization of $199.08, a P/E ratio of -1.73 and a beta of -0.54. The company has a debt-to-equity ratio of -1.23, a current ratio of 0.87 and a quick ratio of 0.42. Marrone Bio Innovations has a fifty-two week low of $0.85 and a fifty-two week high of $3.39.
In other news, insider Ardsley Advisory Partners bought 6,666,667 shares of the company’s stock in a transaction dated Monday, February 5th. The shares were acquired at an average cost of $0.75 per share, with a total value of $5,000,000.25. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.80% of the company’s stock.
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About Marrone Bio Innovations
Marrone Bio Innovations, Inc provides bio-based pest management and plant health products primarily for agricultural and water markets in the United States and internationally. It offers herbicides; fungicides; nematicides; insecticides; algaecides for algae control; molluscicides for mussel and snail control; plant growth and stress regulators; and water treatment products for various applications, such as hydroelectric and thermoelectric power generation, industrial applications, drinking water, aquaculture, irrigation, and recreation.
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