Eros International plc (EROS) Releases Quarterly Earnings Results
Eros International plc (NASDAQ:EROS) announced its earnings results on Thursday. The company reported ($0.08) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.06 by $0.14, StockRatingsNetwork reports. The company had revenue of $45.40 million for the quarter, compared to the consensus estimate of $46.50 million.
Shares of Eros International plc (NASDAQ:EROS) opened at 16.01 on Thursday. Eros International plc has a 52 week low of $8.60 and a 52 week high of $16.98. The stock’s 50-day moving average is $15.01 and its 200-day moving average is $14.72. The company has a market cap of $892.5 million and a price-to-earnings ratio of 24.13.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Eros International plc from a “neutral” rating to an “underperform” rating in a research note on Monday, August 4th. They now have a $13.00 price target on the stock. Analysts at Jefferies Group initiated coverage on shares of Eros International plc in a research note on Thursday, July 31st. They set a “buy” rating and a $18.00 price target on the stock.
Eros International Plc (NASDAQ:EROS) is an integrated media and entertainment company.
Receive News & Ratings for Eros International plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eros International plc and related companies with Analyst Ratings Network's FREE daily email newsletter.