Xoom Corporation (XOOM) to Release Earnings on Tuesday
Xoom Corporation (NASDAQ:XOOM) will post its Q313 quarterly earnings results on Tuesday, October 22nd. Analysts expect Xoom Corporation to post earnings of ($0.01) per share and revenue of $29.39 million for the quarter. Xoom Corporation has set its Q3 guidance at ($0.07)-($0.02) EPS and its FY13 guidance at ($0.13)-($0.05) EPS.
Xoom Corporation (NASDAQ:XOOM) last released its earnings data on Wednesday, July 24th. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $33.50 million for the quarter, compared to the consensus estimate of $25.73 million. During the same quarter last year, the company posted ($0.20) earnings per share. Xoom Corporation’s revenue was up 59.5% compared to the same quarter last year.
Xoom Corporation (NASDAQ:XOOM) traded up 6.41% on Monday, hitting $35.689. 718,347 shares of the company’s stock traded hands. Xoom Corporation has a 52-week low of $17.68 and a 52-week high of $36.46. The stock has a 50-day moving average of $31.4 and a 200-day moving average of $25.35. The company has a market cap of $1.292 billion and a price-to-earnings ratio of 3354.00.
A number of research firms have recently commented on XOOM. Analysts at SunTrust initiated coverage on shares of Xoom Corporation in a research note to investors on Monday. They set a “buy” rating and a $45.00 price target on the stock. On a related note, analysts at Susquehanna upgraded shares of Xoom Corporation from a “neutral” rating to a “positive” rating in a research note to investors on Thursday, October 10th. They now have a $38.00 price target on the stock, up previously from $28.00. Finally, analysts at Susquehanna raised their price target on shares of Xoom Corporation from $23.00 to $28.00 in a research note to investors on Thursday, July 25th. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $34.80.
Xoom Corporation (NASDAQ:XOOM) is engaged in online international money transfer service.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.