Imation Corp. (IMN) Set to Announce Earnings on Wednesday
Imation Corp. (NYSE:IMN) will post its Q114 quarterly earnings results on Wednesday, April 30th. Analysts expect Imation Corp. to post earnings of ($0.25) per share and revenue of $184.45 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Imation Corp. (NYSE:IMN) last announced its earnings results on Friday, February 7th. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.22) by $0.47. The company had revenue of $232.80 million for the quarter, compared to the consensus estimate of $266.80 million. During the same quarter last year, the company posted ($0.71) earnings per share. Imation Corp.’s revenue was down 12.7% compared to the same quarter last year. On average, analysts expect Imation Corp. to post $-1.04 EPS for the current fiscal year and $-0.86 EPS for the next fiscal year.
Shares of Imation Corp. (NYSE:IMN) opened at 4.66 on Tuesday. Imation Corp. has a one year low of $3.51 and a one year high of $6.60. The stock has a 50-day moving average of $5.67 and a 200-day moving average of $5.02. The company’s market cap is $195.7 million.
A number of analysts have recently weighed in on IMN shares. Analysts at TheStreet upgraded shares of Imation Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, February 11th.
Imation Corp. (NYSE:IMN) is a global scalable storage and data security company.
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