Analysts Set Expectations for POET Technologies Inc.'s Q2 2024 Earnings (CVE:PTK)

POET Technologies Inc. (CVE:PTK - Free Report) - Analysts at Zacks Small Cap issued their Q2 2024 EPS estimates for POET Technologies in a research report issued to clients and investors on Monday, June 10th. Zacks Small Cap analyst L. Thompson anticipates that the company will post earnings per share of ($0.12) for the quarter. The consensus estimate for POET Technologies' current full-year earnings is ($0.80) per share. Zacks Small Cap also issued estimates for POET Technologies' Q3 2024 earnings at ($0.11) EPS, Q4 2024 earnings at ($0.11) EPS, FY2025 earnings at ($0.57) EPS and FY2026 earnings at $0.46 EPS.Get POET Technologies alerts:POET Technologies (CVE:PTK - Get Free Report) last released its quarterly earnings data on Wednesday, May 15th. The company reported C($0.16) earnings per share for the quarter. The firm had revenue of C$0.01 million during the quarter. POET Technologies Stock PerformanceCVE:PTK opened at C$2.41 on Wednesday. The firm has a market cap of C$145.78 million, a PE ratio of -3.60 and a beta of 0.55. POET Technologies has a fifty-two week low of C$1.01 and a fifty-two week high of C$7.75. The company has a debt-to-equity ratio of 8.54, a quick ratio of 5.08 and a current ratio of 2.27. The business has a 50 day moving average price of C$2.50 and a 200-day moving average price of C$1.89. About POET Technologies (Get Free Report)POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.Featured StoriesFive stocks we like better than POET TechnologiesInsider Trading - What You Need to KnowWhat is a Liquidity Trap? Here's What You Should KnowRide Out The Recession With These Dividend Kings Top 3 High-Yield Stocks with Strong Analyst RatingsHow to Most Effectively Use the MarketBeat Earnings Screener3 Stocks to Watch: Chip Shortage Impact on Industries This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Wall Street Icon: "I'd Put 50% of My Kids' Inheritance in THIS stock" (From Stansberry Research) (Ad)Should you invest $1,000 in POET Technologies right now?Before you consider POET Technologies, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and POET Technologies wasn't on the list.While POET Technologies currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here