Viomi Technology (VIOT) Scheduled to Post Earnings on Wednesday

Viomi Technology (NASDAQ:VIOT) is scheduled to release its earnings data before the market opens on Wednesday, August 21st. Analysts expect Viomi Technology to post earnings of $0.17 per share for the quarter. Viomi Technology has set its Q2 2019 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Viomi Technology (NASDAQ:VIOT) last issued its earnings results on Thursday, May 23rd. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.09). The company had revenue of $676.20 million for the quarter, compared to the consensus estimate of $682.00 million. The business’s revenue was up 104.4% on a year-over-year basis. On average, analysts expect Viomi Technology to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NASDAQ:VIOT opened at $9.11 on Tuesday. The stock has a market cap of $630.01 million and a PE ratio of 32.54. The company’s fifty day moving average is $8.98 and its 200 day moving average is $9.87. Viomi Technology has a 52 week low of $7.24 and a 52 week high of $15.84.

Separately, Zacks Investment Research cut shares of Viomi Technology from a “hold” rating to a “sell” rating in a research report on Saturday, July 13th.

About Viomi Technology

Viomi Technology Co, Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising smart water kettles, washing machines, water heaters, and others.

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