Blucora Inc (BCOR) Issues Q3 Earnings Guidance
Blucora Inc (NASDAQ:BCOR) issued an update on its third quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.07-0.14 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.22, Analyst RN reports. The company issued revenue guidance of $112.5-122.5 million, compared to the consensus revenue estimate of $131.04 million.
Blucora Inc (NASDAQ:BCOR) traded down 1.32% during mid-day trading on Thursday, hitting $16.815. 503,689 shares of the company’s stock traded hands. Blucora Inc has a 52-week low of $16.65 and a 52-week high of $30.12. The stock’s 50-day moving average is $17.78 and its 200-day moving average is $19.6. The company has a market cap of $710.6 million and a price-to-earnings ratio of 27.93.
Blucora (NASDAQ:BCOR) last released its earnings data on Thursday, August 7th. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.48 by $0.07. The company had revenue of $141.60 million for the quarter, compared to the consensus estimate of $139.66 million. During the same quarter in the prior year, the company posted $0.58 earnings per share. The company’s quarterly revenue was up 20.8% on a year-over-year basis. Analysts expect that Blucora Inc will post $2.11 EPS for the current fiscal year.
Blucora, Inc, formerly InfoSpace, Inc, is a provider of online solutions for consumers and business partners.
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