InterOil (IOC) Scheduled to Post Earnings on Wednesday
InterOil (NYSE:IOC) will post its Q214 quarterly earnings results on Wednesday, August 13th. Analysts expect InterOil to post earnings of $0.23 per share and revenue of $315.55 million for the quarter.
Shares of InterOil (NYSE:IOC) traded down 1.85% during mid-day trading on Tuesday, hitting $57.97. The stock had a trading volume of 393,378 shares. InterOil has a 1-year low of $43.85 and a 1-year high of $93.40. The stock’s 50-day moving average is $58.60 and its 200-day moving average is $60.17. The company has a market cap of $2.900 billion and a price-to-earnings ratio of 10.55.
A number of research firms have recently commented on IOC. Analysts at Zacks downgraded shares of InterOil from a “neutral” rating to an “underperform” rating in a research note on Friday, July 25th. They now have a $55.30 price target on the stock. Analysts at TheStreet upgraded shares of InterOil to a “hold” rating in a research note on Monday, May 19th.
InterOil Corporation (NYSE:IOC) is an integrated energy company operating in Papua New Guinea and its surrounding Southwest Pacific region.
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