Concur Technologies (CNQR) to Release Earnings on Tuesday
Concur Technologies (NASDAQ:CNQR) is scheduled to announce its earnings results on Tuesday, April 29th. Concur Technologies has set its Q2 guidance at $0.14 EPS and its FY14 guidance at at least $0.93 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.
Concur Technologies (NASDAQ:CNQR) last announced its earnings results on Wednesday, January 29th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.13 by $0.08. The company had revenue of $163.10 million for the quarter, compared to the consensus estimate of $156.24 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. The company’s quarterly revenue was up 32.8% on a year-over-year basis. On average, analysts expect Concur Technologies to post $0.64 EPS for the current fiscal year and $0.99 EPS for the next fiscal year.
Concur Technologies (NASDAQ:CNQR) opened at 85.99 on Monday. Concur Technologies has a 52 week low of $69.82 and a 52 week high of $130.39. The stock has a 50-day moving average of $98.14 and a 200-day moving average of $104.8. The company’s market cap is $4.870 billion.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Concur Technologies from an “outperform” rating to a “neutral” rating in a research note on Friday, April 18th. They now have a $95.00 price target on the stock. On a related note, analysts at Robert W. Baird cut their price target on shares of Concur Technologies from $125.00 to $115.00 in a research note on Wednesday, April 16th. Finally, analysts at B. Riley upgraded shares of Concur Technologies from a “sell” rating to a “neutral” rating in a research note on Wednesday, March 12th. They now have a $120.00 price target on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $109.29.
Concur Technologies, Inc (NASDAQ:CNQR) is a provider of integrated travel and expense management solutions for companies of all industries, sizes, and geographies.
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