Textura Corp (TXTR) Releases FY14 Earnings Guidance
Textura Corp (NASDAQ:TXTR) updated its FY14 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of ($0.41)-($0.32) for the period, compared to the Thomson Reuters consensus estimate of ($0.38), AR Network reports. The company issued revenue guidance of $63.6-65.6 million, compared to the consensus revenue estimate of $64.49 million.Textura Corp also updated its Q3 guidance to ($0.06)-($0.09) EPS.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Textura Corp from a neutral rating to an outperform rating in a research note on Tuesday, July 8th. They now have a $25.90 price target on the stock. On a related note, analysts at Credit Suisse reiterated an outperform rating on shares of Textura Corp in a research note on Thursday, May 8th. They now have a $41.00 price target on the stock, down previously from $50.00. Finally, analysts at JMP Securities reiterated a market outperform rating on shares of Textura Corp in a research note on Thursday, May 8th. They now have a $30.00 price target on the stock, down previously from $41.00. Five analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and an average price target of $31.73.
Textura Corp (NASDAQ:TXTR) traded down 2.57% during mid-day trading on Wednesday, hitting $26.55. The stock had a trading volume of 359,281 shares. Textura Corp has a 1-year low of $13.80 and a 1-year high of $47.25. The stock’s 50-day moving average is $24.54 and its 200-day moving average is $24.01. The company’s market cap is $660.6 million.
Textura Corp (NASDAQ:TXTR) last released its earnings data on Wednesday, August 6th. The company reported ($0.12) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.13) by $0.01. The company had revenue of $14.96 million for the quarter, compared to the consensus estimate of $14.86 million. During the same quarter in the prior year, the company posted ($0.75) earnings per share. The company’s quarterly revenue was up 59.8% on a year-over-year basis. Analysts expect that Textura Corp will post $-0.38 EPS for the current fiscal year.
Textura Corporation is a provider of on-demand business collaboration software to the commercial construction industry.
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