Constant Contact (CTCT) to Release Quarterly Earnings on Thursday
Constant Contact (NASDAQ:CTCT) will be releasing its Q114 earnings data on Thursday, May 1st. Analysts expect Constant Contact to post earnings of $0.13 per share and revenue of $78.60 million for the quarter.
Constant Contact (NASDAQ:CTCT) last announced its earnings results on Friday, January 31st. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.03. The company had revenue of $74.90 million for the quarter, compared to the consensus estimate of $74.89 million. On average, analysts expect Constant Contact to post $1.00 EPS for the current fiscal year and $1.25 EPS for the next fiscal year.
CTCT has been the subject of a number of recent research reports. Analysts at Credit Suisse raised their price target on shares of Constant Contact from $29.00 to $30.00 in a research note on Wednesday, April 9th. On a related note, analysts at Dougherty & Co upgraded shares of Constant Contact from a “sell” rating to a “neutral” rating in a research note on Wednesday, April 9th. Finally, analysts at Zacks downgraded shares of Constant Contact from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 2nd. They now have a $30.20 price target on the stock. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $30.56.
Constant Contact, Inc (NASDAQ:CTCT) is a provider of on-demand engagement marketing tools that are designed for small organizations, including small businesses, associations and non-profits.
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