Remark Media Inc. Expected to Post Q3 2016 Earnings of ($0.35) Per Share (MARK)
Remark Media Inc. (NASDAQ:MARK) – Analysts at Roth Capital issued their Q3 2016 earnings per share (EPS) estimates for Remark Media in a research note issued on Wednesday. Roth Capital analyst D. Aftahi forecasts that the brokerage will earn ($0.35) per share for the quarter. Roth Capital currently has a “Buy” rating and a $8.50 target price on the stock. Roth Capital also issued estimates for Remark Media’s Q4 2016 earnings at ($0.30) EPS, FY2016 earnings at ($1.04) EPS, Q1 2017 earnings at ($0.33) EPS, Q2 2017 earnings at ($0.30) EPS, Q3 2017 earnings at ($0.35) EPS, Q4 2017 earnings at ($0.24) EPS, FY2017 earnings at ($1.21) EPS and FY2018 earnings at ($0.86) EPS.
Remark Media (NASDAQ:MARK) opened at 4.39 on Monday. The firm has a 50-day moving average price of $4.40 and a 200-day moving average price of $4.50. Remark Media has a 1-year low of $3.66 and a 1-year high of $5.40. The firm’s market cap is $90.91 million.
Remark Media (NASDAQ:MARK) last posted its quarterly earnings data on Thursday, August 11th. The company reported ($0.27) EPS for the quarter. The business earned $15 million during the quarter. Remark Media had a negative return on equity of 236.95% and a negative net margin of 78.94%.
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About Remark Media
Remark Media, Inc owns, operates and acquires digital media properties across multiple verticals. The Company operates through the travel and entertainment segment. The travel and entertainment segment includes the Vegas.com and its Roomlia mobile application. The Company is engaged in the sale of various travel and entertainment products, including lodging, air travel, show tickets and tours, which are booked through its travel and entertainment segment, consisting of Vegas.com and its related Websites, including LasVegas.com, mobile applications and retail locations.
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