Noah Holdings (NOAH) Set to Announce Quarterly Earnings on Monday
Noah Holdings (NASDAQ:NOAH) is scheduled to issue its Q114 quarterly earnings data on Monday, May 12th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $49.93 million for the quarter.
Noah Holdings (NASDAQ:NOAH) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.23 by $0.03. The company had revenue of $45.44 million for the quarter, compared to the consensus estimate of $43.22 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 81.1% on a year-over-year basis. On average, analysts expect Noah Holdings to post $1.25 EPS for the current fiscal year and $1.33 EPS for the next fiscal year.
Shares of Noah Holdings (NASDAQ:NOAH) opened at 12.61 on Friday. Noah Holdings has a 52 week low of $7.84 and a 52 week high of $25.51. The stock’s 50-day moving average is $14.04 and its 200-day moving average is $16.66. The company has a market cap of $700.7 million and a P/E ratio of 13.92.
A number of analysts have recently weighed in on NOAH shares. Analysts at Zacks downgraded shares of Noah Holdings from an “outperform” rating to a “neutral” rating in a research note on Monday. They now have a $15.70 price target on the stock.
Noah Holdings Limited, through its subsidiaries is a service provider focusing on distributing wealth management products to the high net worth population in the People’s Republic of China (NASDAQ:NOAH).
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