ARC Document Solutions, Inc. (NYSE:ARC) Scheduled to Post Quarterly Earnings on Monday
ARC Document Solutions, Inc. (NYSE:ARC) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, July 31st. Analysts expect the company to announce earnings of $0.06 per share for the quarter. ARC Document Solutions has set its FY17 guidance at $0.24-0.29 EPS.
ARC Document Solutions (NYSE:ARC) last released its quarterly earnings data on Tuesday, May 2nd. The business services provider reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. ARC Document Solutions had a positive return on equity of 7.85% and a negative net margin of 12.12%. The company had revenue of $98.73 million for the quarter, compared to analysts’ expectations of $99.69 million. On average, analysts expect ARC Document Solutions to post $0.2 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of ARC Document Solutions, Inc. (NYSE ARC) opened at 3.92 on Monday. The stock’s market capitalization is $181.99 million. ARC Document Solutions, Inc. has a 52-week low of $3.06 and a 52-week high of $5.55. The company’s 50 day moving average price is $4.10 and its 200 day moving average price is $4.10.
ARC has been the topic of several recent analyst reports. Zacks Investment Research lowered ARC Document Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday, April 11th. Raymond James Financial, Inc. raised ARC Document Solutions from an “outperform” rating to a “strong-buy” rating in a research report on Thursday, July 6th. Finally, B. Riley reaffirmed a “buy” rating and set a $5.00 target price on shares of ARC Document Solutions in a research report on Monday, May 8th.
About ARC Document Solutions
ARC Document Solutions, Inc (ARC) is a document solutions provider for the architectural, engineering and construction (AEC) industry. The Company also provides document solutions to businesses of various types. ARC’s offerings include managed print services (MPS), offsite services, archive and information management (AIM), specialized color printing, Web-based document management applications, digital shipping/managed file transfer, and equipment and supplies sales.
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