Solera Holdings (SLH) Scheduled to Post Quarterly Earnings on Wednesday
Solera Holdings (NYSE:SLH) will announce its earnings results on Wednesday, February 5th. Solera Holdings has set its FY14 guidance at $2.41-$2.48 EPS.Investors that are interested in registering for the company’s conference call can do so using this link.
Solera Holdings (NYSE:SLH) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.61 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.56 by $0.05. The company had revenue of $218.00 million for the quarter, compared to the consensus estimate of $213.18 million. During the same quarter last year, the company posted $0.64 earnings per share. Solera Holdings’s revenue was up 11.4% compared to the same quarter last year. On average, analysts expect Solera Holdings to post $2.67 EPS for the current fiscal year and $3.12 EPS for the next fiscal year.
Shares of Solera Holdings (NYSE:SLH) opened at 64.35 on Tuesday. Solera Holdings has a 52 week low of $50.39 and a 52 week high of $71.15. The stock’s 50-day moving average is $69.19 and its 200-day moving average is $60.59. The company has a market cap of $4.431 billion and a price-to-earnings ratio of 62.81.
Several analysts have recently commented on the stock. Analysts at Barclays raised their price target on shares of Solera Holdings from $72.00 to $74.00 in a research note to investors on Wednesday, January 29th. They now have an “equal weight” rating on the stock. On a related note, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Solera Holdings in a research note to investors on Wednesday, December 18th. They set a “neutral” rating on the stock. Finally, analysts at Zacks downgraded shares of Solera Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, December 9th. They now have a $71.10 price target on the stock. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $70.16.
Solera Holdings, Inc is a provider of software and services to the automobile insurance claims processing industry.
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