Brokers Issue Forecasts for Solis Tek’s Q1 2019 Earnings (SLTK)

Solis Tek (OTCMKTS:SLTK) – Investment analysts at Taglich Brothers issued their Q1 2019 earnings per share estimates for Solis Tek in a report issued on Thursday, April 19th. Taglich Brothers analyst J. Nobile forecasts that the company will earn ($0.04) per share for the quarter. Taglich Brothers also issued estimates for Solis Tek’s Q2 2019 earnings at ($0.04) EPS, Q3 2019 earnings at ($0.04) EPS, Q4 2019 earnings at ($0.04) EPS and FY2019 earnings at ($0.15) EPS.

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Separately, ValuEngine upgraded Solis Tek from a “sell” rating to a “hold” rating in a report on Sunday, December 31st.

OTCMKTS SLTK opened at $1.39 on Monday. Solis Tek has a twelve month low of $0.96 and a twelve month high of $3.44.

Solis Tek (OTCMKTS:SLTK) last released its quarterly earnings results on Monday, April 2nd. The company reported ($0.21) earnings per share for the quarter. Solis Tek had a negative net margin of 162.98% and a negative return on equity of 575.33%. The firm had revenue of $1.64 million for the quarter, compared to analysts’ expectations of $2.20 million.

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About Solis Tek

Solis Tek Inc focuses on the research, design, development, and manufacturing of indoor horticulture lighting and ancillary equipment in the United States and internationally. It offers digital ballasts; metal halide, and mercury vapor and high-pressure sodium lamps; light emitting diode lighting products that produces less heat; and reflectors in various sizes for use with its digital ballasts and lamps, as well as plant nutrients and fertilizers.

Earnings History and Estimates for Solis Tek (OTCMKTS:SLTK)

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