Lenovo (LNVGY) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS
Lenovo (NASDAQ:LNVGY) released its earnings data on Thursday. The company reported $0.30 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.31 by $0.01, Analyst Ratings.Net reports.
On the ratings front, analysts at Zacks upgraded shares of Lenovo from a “hold” rating to a “buy” rating in a research note on Friday, February 21st.
Shares of Lenovo (NASDAQ:LNVGY) opened at 24.45 on Thursday. Lenovo has a 1-year low of $17.28 and a 1-year high of $27.99. The stock has a 50-day moving average of $22.99 and a 200-day moving average of $23.17. The company has a market cap of $12.716 billion and a price-to-earnings ratio of 15.71.
Lenovo Group Limited (NASDAQ:LNVGY) is a personal technology company serving customers in more than 160 countries.
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