ReachLocal (RLOC) to Release Quarterly Earnings on Tuesday
ReachLocal (NASDAQ:RLOC) will issue its Q313 quarterly earnings data on Tuesday, November 5th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $131.38 million for the quarter.
ReachLocal (NASDAQ:RLOC) last issued its quarterly earnings data on Tuesday, August 6th. The company reported ($0.01) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.03) by $0.02. The company had revenue of $127.10 million for the quarter, compared to the consensus estimate of $125.05 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. On average, analysts expect ReachLocal to post $0.02 EPS for the current fiscal year and $0.15 EPS for the next fiscal year.
ReachLocal (NASDAQ:RLOC) traded down 0.25% during mid-day trading on Monday, hitting $12.00. The stock had a trading volume of 31,726 shares. ReachLocal has a 1-year low of $9.99 and a 1-year high of $17.39. The stock has a 50-day moving average of $12.17 and a 200-day moving average of $13.24. The company’s market cap is $336.7 million.
In other ReachLocal news, President Nathan Hanks unloaded 11,424 shares of ReachLocal stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $13.02, for a total transaction of $148,740.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
ReachLocal, Inc (NASDAQ:RLOC) offers online marketing and reporting solutions, including search engine marketing, display advertising, remarketing and online marketing analytics, each targeted to the small and medium-sized businesses (SMB) market.
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