LifeLock (LOCK) Scheduled to Post Quarterly Earnings on Tuesday
LifeLock (NASDAQ:LOCK) will be announcing its Q313 earnings results on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $93.30 million for the quarter. LifeLock has set its Q3 guidance at $0.09-$0.10 EPS and its FY13 guidance at $0.33-$0.36 EPS.
LifeLock (NASDAQ:LOCK) last released its earnings data on Wednesday, July 31st. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. The company had revenue of $89.50 million for the quarter, compared to the consensus estimate of $85.32 million. The company’s revenue for the quarter was up 31.9% on a year-over-year basis. On average, analysts expect LifeLock to post $0.35 EPS for the current fiscal year and $0.50 EPS for the next fiscal year.
LifeLock (NASDAQ:LOCK) opened at 14.14 on Monday. LifeLock has a 52 week low of $6.80 and a 52 week high of $14.09. The stock has a 50-day moving average of $12.52 and a 200-day moving average of $10.97. The company’s market cap is $1.255 billion.
A number of analysts have recently weighed in on LOCK shares. Analysts at RBC Capital raised their price target on shares of LifeLock from $13.00 to $15.00 in a research note to investors on Friday, August 2nd. They now have an “outperform” rating on the stock. On a related note, analysts at Deutsche Bank raised their price target on shares of LifeLock from $18.00 to $19.00 in a research note to investors on Friday, August 2nd. Finally, analysts at Canaccord Genuity raised their price target on shares of LifeLock from $12.50 to $15.00 in a research note to investors on Thursday, August 1st. They now have a “buy” rating on the stock. Five analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus price target of $14.67.
In other LifeLock news, CEO Richard Todd Davis sold 12,000 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $14.15, for a total value of $169,800.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
LifeLock, Inc is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises.
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