Liberty Tax (TAX) to Release Quarterly Earnings on Thursday
Liberty Tax (NYSE:TAX) will announce its earnings results on Thursday, August 28th. Individual interested in participating in the company’s earnings conference call can do so using this link.
Liberty Tax (NYSE:TAX) last issued its quarterly earnings data on Wednesday, June 18th. The company reported $2.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $2.20 by $0.02. During the same quarter last year, the company posted $0.08 earnings per share. On average, analysts expect Liberty Tax to post $1.80 EPS for the current fiscal year and $2.18 EPS for the next fiscal year.
Liberty Tax (NYSE:TAX) opened at 34.89 on Wednesday. Liberty Tax has a one year low of $16.28 and a one year high of $35.98. The stock’s 50-day moving average is $34.70 and its 200-day moving average is $29.54. The company has a market cap of $499.2 million and a P/E ratio of 23.21.
Several analysts have recently commented on the stock. Analysts at Barrington Research raised their price target on shares of Liberty Tax from $33.00 to $37.00 in a research note on Thursday, June 19th. Analysts at TheStreet upgraded shares of Liberty Tax from a “hold” rating to a “buy” rating in a research note on Tuesday, June 17th.
Liberty Tax Inc, formerly JTH Holding, Inc, is a holding company engaged through its subsidiaries as a franchisor and operator of a system of income tax preparation offices located in the United States and Canada.
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