CoreLogic (CLGX) Announces Quarterly Earnings, Misses Expectations By $0.13 EPS
CoreLogic (NASDAQ:CLGX) announced its earnings results on Tuesday. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.13, Analyst RN reports. The company had revenue of $311.90 million for the quarter, compared to the consensus estimate of $377.35 million.
A number of analysts have recently weighed in on CLGX shares. Analysts at Wells Fargo & Co. initiated coverage on shares of CoreLogic in a research note on Wednesday, February 12th. They set an “outperform” rating on the stock. On a related note, analysts at Zacks downgraded shares of CoreLogic from an “outperform” rating to a “neutral” rating in a research note on Monday, December 30th. They now have a $38.20 price target on the stock. Finally, analysts at Ned Davis Research upgraded shares of CoreLogic from a “neutral” rating to a “buy” rating in a research note on Monday, December 30th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $37.40.
Shares of CoreLogic (NASDAQ:CLGX) traded down 1.10% on Tuesday, hitting $34.30. The stock had a trading volume of 867,469 shares. CoreLogic has a 1-year low of $21.40 and a 1-year high of $36.19. The stock has a 50-day moving average of $33.67 and a 200-day moving average of $31.36. The company has a market cap of $3.215 billion and a price-to-earnings ratio of 25.11.
CoreLogic, Inc (NASDAQ:CLGX), is a provider of property information, analytics and services provider in the United States of America and Australia.
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