Solera Holdings (SLH) Scheduled to Post Quarterly Earnings on Wednesday
Solera Holdings (NYSE:SLH) will be issuing its quarterly earnings data on Wednesday, November 6th. Solera Holdings has set its FY14 guidance at $2.28-2.35 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.
Solera Holdings (NYSE:SLH) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $0.68 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.02. The company had revenue of $218.53 million for the quarter, compared to the consensus estimate of $215.64 million. During the same quarter last year, the company posted $0.64 earnings per share. Solera Holdings’s revenue was up 10.1% compared to the same quarter last year. On average, analysts expect Solera Holdings to post $2.43 EPS for the current fiscal year and $2.67 EPS for the next fiscal year.
Shares of Solera Holdings (NYSE:SLH) opened at 56.84 on Tuesday. Solera Holdings has a one year low of $47.15 and a one year high of $59.82. The stock has a 50-day moving average of $54.83 and a 200-day moving average of $55.11. The company has a market cap of $3.911 billion and a P/E ratio of 42.20.
A number of research firms have recently commented on SLH. Analysts at Zacks upgraded shares of Solera Holdings from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, October 10th. They now have a $53.90 price target on the stock. On a related note, analysts at SunTrust reiterated a “buy” rating on shares of Solera Holdings in a research note to investors on Tuesday, October 8th. They now have a $70.00 price target on the stock. Finally, analysts at Raymond James raised their price target on shares of Solera Holdings from $59.00 to $61.00 in a research note to investors on Tuesday, October 8th. They now have an “outperform” rating on the stock. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $59.58.
Solera Holdings, Inc is a provider of software and services to the automobile insurance claims processing industry.
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