Dangdang (DANG) to Release Quarterly Earnings on Thursday
Dangdang (NASDAQ:DANG) is scheduled to announce its Q114 earnings results on Thursday, May 15th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $281.76 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Dangdang (NASDAQ:DANG) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.07) by $0.11. The company had revenue of $325.70 million for the quarter, compared to the consensus estimate of $315.83 million. During the same quarter in the prior year, the company posted ($0.24) earnings per share. On average, analysts expect Dangdang to post $0.09 EPS for the current fiscal year and $0.36 EPS for the next fiscal year.
Shares of Dangdang (NASDAQ:DANG) opened at 11.59 on Wednesday. Dangdang has a 1-year low of $4.79 and a 1-year high of $19.05. The stock’s 50-day moving average is $12.36 and its 200-day moving average is $11.04. The company’s market cap is $953.7 million.
A number of analysts have recently weighed in on DANG shares. Analysts at Credit Suisse initiated coverage on shares of Dangdang in a research note on Thursday, March 13th. They set an “outperform” rating on the stock. Analysts at Zacks upgraded shares of Dangdang from a “neutral” rating to an “outperform” rating in a research note on Friday, March 7th. They now have a $19.20 price target on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $45.53.
E-Commerce China Dangdang Inc (NASDAQ:DANG) is a holding company.
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