UTi Worldwide (UTIW) Scheduled to Post Earnings on Thursday
UTi Worldwide (NASDAQ:UTIW) is scheduled to release its Q215 earnings data on Thursday, September 4th. Analysts expect UTi Worldwide to post earnings of $0.01 per share and revenue of $1.14 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
UTi Worldwide (NASDAQ:UTIW) last announced its earnings results on Thursday, June 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.05. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the company posted $0.02 earnings per share. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, analysts expect UTi Worldwide to post $0.07 EPS for the current fiscal year and $0.45 EPS for the next fiscal year.
UTi Worldwide (NASDAQ:UTIW) opened at 9.09 on Wednesday. UTi Worldwide has a 1-year low of $9.00 and a 1-year high of $17.70. The stock’s 50-day moving average is $9.6 and its 200-day moving average is $10.31. The company’s market cap is $958.0 million.
On the ratings front, analysts at Zacks downgraded shares of UTi Worldwide from a “neutral” rating to an “underperform” rating in a research note on Wednesday, August 6th. They now have a $8.90 price target on the stock. One analyst has rated the stock with a sell rating and three have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $11.90.
UTi Worldwide Inc is an international, non-asset-based supply chain services and solutions company that provides services through a global network of freight forwarding offices and contract logistics and distribution centers in a total of 59 countries.
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