Mercury Systems Inc (NASDAQ:MRCY) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.24 per share for the quarter.

Mercury Systems (NASDAQ:MRCY) last released its quarterly earnings results on Tuesday, April 25th. The technology company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. The business had revenue of $107.30 million for the quarter, compared to the consensus estimate of $105.54 million. Mercury Systems had a net margin of 6.48% and a return on equity of 4.58%. Mercury Systems’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.25 EPS. On average, analysts expect Mercury Systems to post $0.87 EPS for the current fiscal year and $1.13 EPS for the next fiscal year.

Mercury Systems Inc (NASDAQ MRCY) traded down 0.73% on Thursday, hitting $43.54. 113,622 shares of the stock were exchanged. Mercury Systems Inc has a one year low of $21.52 and a one year high of $44.92. The company has a 50 day moving average of $41.60 and a 200 day moving average of $38.42. The stock has a market capitalization of $2.09 billion, a P/E ratio of 75.20 and a beta of 0.38.

In other news, Director Michael A. Daniels purchased 2,683 shares of the company’s stock in a transaction on Friday, April 28th. The shares were purchased at an average cost of $37.31 per share, with a total value of $100,102.73. Following the completion of the transaction, the director now owns 60,096 shares of the company’s stock, valued at approximately $2,242,181.76. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Mark Aslett sold 9,600 shares of the company’s stock in a transaction on Friday, May 5th. The stock was sold at an average price of $39.92, for a total transaction of $383,232.00. Following the sale, the insider now directly owns 567,049 shares in the company, valued at $22,636,596.08. The disclosure for this sale can be found here. Insiders have sold 68,200 shares of company stock worth $2,719,188 over the last ninety days. Insiders own 4.30% of the company’s stock.

MRCY has been the subject of several recent research reports. Zacks Investment Research cut shares of Mercury Systems from a “buy” rating to a “hold” rating in a report on Wednesday, June 28th. Noble Financial reaffirmed a “hold” rating on shares of Mercury Systems in a research report on Thursday, April 27th. BidaskClub raised shares of Mercury Systems from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 24th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $43.00 price target on shares of Mercury Systems in a research report on Wednesday, May 31st. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $42.67.

ILLEGAL ACTIVITY WARNING: “Mercury Systems Inc (NASDAQ:MRCY) Scheduled to Post Quarterly Earnings on Tuesday” was posted by American Banking News and is the property of of American Banking News. If you are reading this story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this story can be viewed at

About Mercury Systems

Mercury Systems, Inc is a commercial provider of secure processing subsystems designed and made in the United States. The Company’s solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.

Earnings History for Mercury Systems (NASDAQ:MRCY)

Receive News & Ratings for Mercury Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercury Systems Inc and related companies with's FREE daily email newsletter.