TASER International (TASR) Releases Quarterly Earnings, Beats Expectations By $0.07 EPS
TASER International (NASDAQ:TASR) issued its quarterly earnings data on Wednesday. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.07, StockRatingsNetwork reports. The company had revenue of $40.00 million for the quarter, compared to the consensus estimate of $37.43 million.
On the ratings front, analysts at JPMorgan Chase & Co. upgraded shares of TASER International from a “neutral” rating to an “overweight” rating in a research note on Monday, December 16th. They now have a $18.50 price target on the stock, up previously from $17.00. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. TASER International has a consensus rating of “Buy” and a consensus target price of $16.30.
TASER International, Inc (NASDAQ:TASR) is engaged in development, manufacture and sale of electronic control devices (ECDs) designed for use in the law enforcement, military, corrections, private security and personal defense markets.
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