Pre-Market Earnings Report for September 14, 2012 : OPTT, SUTR

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The following companies are expected to report earnings prior to market open on 09/14/2012. Visit our Earnings Calendar for a full list of expected earnings releases.

Ocean Power Technologies, Inc. ( OPTT ) is reporting for the quarter ending July 31, 2012. The alternative energy company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.32. This value represents a -34.69% decrease compared to the same quarter last year. The last two quarters OPTT had negative earnings surprises; the latest report they missed by -33.33%. The "days to cover" for this stock exceeds 18 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for OPTT is -3.33 vs. an industry ratio of 6.00.

Sutor Technology Group Limited ( SUTR ) is reporting for the quarter ending June 30, 2012. The steel (specialty) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.04. This value represents a -60.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SUTR is 3.04 vs. an industry ratio of 14.10.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Earnings

Referenced Stocks: OPTT , SUTR

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