Verint Systems (VRNT) Scheduled to Post Quarterly Earnings on Wednesday
Verint Systems (NASDAQ:VRNT) is scheduled to be announcing its earnings results on Wednesday, June 4th. Verint Systems has set its FY15 guidance at $3.20-3.40 EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.
Verint Systems (NASDAQ:VRNT) last posted its quarterly earnings results on Monday, March 31st. The company reported $0.91 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.84 by $0.07. The company had revenue of $257.10 million for the quarter, compared to the consensus estimate of $253.98 million. During the same quarter last year, the company posted $0.91 earnings per share. Verint Systems’s revenue was up 11.7% compared to the same quarter last year. On average, analysts expect Verint Systems to post $3.34 EPS for the current fiscal year and $3.56 EPS for the next fiscal year.
Shares of Verint Systems (NASDAQ:VRNT) opened at 46.08 on Tuesday. Verint Systems has a 1-year low of $32.35 and a 1-year high of $49.99. The stock’s 50-day moving average is $44.16 and its 200-day moving average is $44.11. The company has a market cap of $2.471 billion and a P/E ratio of 46.80.
A number of research firms have recently commented on VRNT. Analysts at Zacks downgraded shares of Verint Systems from an “outperform” rating to a “neutral” rating in a research note on Thursday, April 3rd. They now have a $51.50 price target on the stock. On the ratings front, analysts at JPMorgan Chase & Co. raised their price target on shares of Verint Systems from $51.00 to $55.00 in a research note on Tuesday, April 1st. Finally, analysts at Imperial Capital raised their price target on shares of Verint Systems from $51.00 to $55.00 in a research note on Tuesday, April 1st. They now have an “outperform” rating on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $53.31.
Verint Systems Inc (NASDAQ:VRNT) is engaged in Actionable Intelligence solutions and value-added services.
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