Vocera Communications Inc (VCRA) Issues FY14 Earnings Guidance
Vocera Communications Inc (NASDAQ:VCRA) updated its FY14 earnings guidance on Thursday. The company provided EPS guidance of ($0.28)-($0.10) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.19), American Banking News.com reports. The company issued revenue guidance of Reaffirms $105-115 million, compared to the consensus revenue estimate of $111.95 million.Vocera Communications also updated its Q2 guidance to ($0.14)-($0.11) EPS.
A number of analysts have recently weighed in on VCRA shares. Analysts at TheStreet downgraded shares of Vocera Communications from a hold rating to a sell rating in a research note on Monday, March 17th. On a related note, analysts at Avondale Partners initiated coverage on shares of Vocera Communications in a research note on Thursday, February 27th. They set a market perform rating on the stock. Finally, analysts at B. Riley initiated coverage on shares of Vocera Communications in a research note on Tuesday, February 18th. They set a buy rating on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. Vocera Communications has a consensus rating of Hold and a consensus price target of $18.80.
Vocera Communications Inc (NASDAQ:VCRA) traded down 2.10% during mid-day trading on Thursday, hitting $14.93. The stock had a trading volume of 336,365 shares. Vocera Communications Inc has a 1-year low of $11.99 and a 1-year high of $19.91. The stock’s 50-day moving average is $15.77 and its 200-day moving average is $16.61. The company’s market cap is $372.6 million.
Vocera Communications (NASDAQ:VCRA) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.14) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.01. The company had revenue of $24.67 million for the quarter, compared to the consensus estimate of $24.19 million. During the same quarter last year, the company posted ($0.07) earnings per share. Vocera Communications’s revenue was up 10.1% compared to the same quarter last year. On average, analysts predict that Vocera Communications Inc will post $-0.19 earnings per share for the current fiscal year.
Vocera Communications, Inc (NASDAQ:VCRA) is a provider of mobile communication solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.