Taomee Holdings (TAOM) Set to Announce Quarterly Earnings on Tuesday
Taomee Holdings (NASDAQ:TAOM) is set to release its earnings data on Tuesday, May 20th. Persons interested in registering for the company’s earnings conference call can do so using this link.
Taomee Holdings (NASDAQ:TAOM) last posted its quarterly earnings results on Wednesday, March 12th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The company had revenue of $10.90 million for the quarter, compared to the consensus estimate of $10.64 million. On average, analysts expect Taomee Holdings to post $0.22 EPS for the current fiscal year and $0.26 EPS for the next fiscal year.
Shares of Taomee Holdings (NASDAQ:TAOM) opened at 4.95 on Monday. Taomee Holdings has a 52-week low of $3.69 and a 52-week high of $8.90. The stock’s 50-day moving average is $5.57 and its 200-day moving average is $5.87. The company has a market cap of $182.1 million and a price-to-earnings ratio of 34.25.
TAOM has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Taomee Holdings from an “outperform” rating to a “neutral” rating in a research note on Tuesday, May 13th. They now have a $6.00 price target on the stock. On the ratings front, analysts at TheStreet upgraded shares of Taomee Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, April 23rd.
Taomee Holdings Limited is a children’s entertainment and media company in the People’s Repubic of China.
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