Atento S.A. (NYSE:ATTO) to Release Quarterly Earnings on Monday
Atento S.A. (NYSE:ATTO) will be issuing its quarterly earnings data after the market closes on Monday, August 14th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.
Atento (NYSE:ATTO) last posted its quarterly earnings results on Tuesday, May 9th. The business services provider reported $0.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.07. The business had revenue of $468 million for the quarter, compared to the consensus estimate of $442.32 million. Atento had a return on equity of 11.78% and a net margin of 0.77%. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.13 EPS. On average, analysts expect Atento to post $0.75 EPS for the current fiscal year and $0.86 EPS for the next fiscal year.
A number of analysts have recently commented on ATTO shares. Bank of America Corporation lifted their target price on Atento from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 25th. Zacks Investment Research upgraded Atento from a “hold” rating to a “strong-buy” rating and set a $14.00 target price on the stock in a research report on Thursday, July 27th. ValuEngine upgraded Atento from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Barrington Research started coverage on Atento in a research report on Monday, April 24th. They set an “outperform” rating and a $14.00 target price on the stock.
Atento SA is a provider of customer-relationship management and business-process outsourcing (CRM BPO) services and solutions in Latin America. The Company offers a portfolio of CRM BPO services, including customer care, sales, collections, back office and technical support. The Company operates through three segments: EMEA, Americas and Brazil.
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