Tremor Video, Inc. (NYSE:TRMR) Set to Announce Quarterly Earnings on Wednesday
Tremor Video, Inc. (NYSE:TRMR) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, August 2nd. Analysts expect the company to announce earnings of ($0.08) per share for the quarter.
Tremor Video (NYSE:TRMR) last announced its earnings results on Tuesday, May 9th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.01. Tremor Video had a negative return on equity of 20.27% and a negative net margin of 9.64%. The company had revenue of $41.40 million for the quarter, compared to analyst estimates of $35.82 million. During the same period in the prior year, the company posted ($0.21) EPS. Tremor Video’s quarterly revenue was up 19.8% on a year-over-year basis. On average, analysts expect Tremor Video to post $-0.16 EPS for the current fiscal year and $0.14 EPS for the next fiscal year.
Tremor Video, Inc. (NYSE:TRMR) opened at 2.23 on Wednesday. The firm has a 50 day moving average price of $2.33 and a 200-day moving average price of $2.27. Tremor Video, Inc. has a 12 month low of $1.45 and a 12 month high of $2.76. The firm’s market capitalization is $111.77 million.
Several equities analysts recently commented on TRMR shares. Jefferies Group LLC restated a “buy” rating and set a $3.25 target price (up previously from $2.75) on shares of Tremor Video in a research report on Sunday, May 14th. Canaccord Genuity restated a “buy” rating and set a $3.00 target price on shares of Tremor Video in a research report on Monday, May 15th.
About Tremor Video
Tremor Video, Inc is an advertising technology company. The Company provides software for video advertising effectiveness. The Company operates through online video advertising services segment. Its technology optimizes performance of video advertisement campaigns across all screens, including computers, smartphones, tablets and connected televisions.
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