SFX Entertainment (SFXE) to Release Earnings on Thursday
SFX Entertainment (NASDAQ:SFXE) will release its Q114 earnings data on Thursday, May 15th. Analysts expect SFX Entertainment to post earnings of ($0.17) per share and revenue of $63.29 million for the quarter.
SFX Entertainment (NASDAQ:SFXE) last issued its quarterly earnings data on Thursday, March 27th. The company reported ($0.48) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.54. The company had revenue of $84.20 million for the quarter, compared to the consensus estimate of $112.85 million. On average, analysts expect SFX Entertainment to post $-0.04 EPS for the current fiscal year and $0.39 EPS for the next fiscal year.
Shares of SFX Entertainment (NASDAQ:SFXE) opened at 6.95 on Wednesday. SFX Entertainment has a 1-year low of $5.70 and a 1-year high of $13.39. The stock’s 50-day moving average is $7.05 and its 200-day moving average is $8.82. The company’s market cap is $616.1 million.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of SFX Entertainment in a research note on Wednesday, April 9th. They now have a $16.00 price target on the stock, up previously from $15.00. Analysts at Stifel Nicolaus cut their price target on shares of SFX Entertainment from $14.00 to $12.00 in a research note on Friday, March 28th.
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