Brokerages expect that Connecture, Inc. (NASDAQ:CNXR) will post $17.16 million in sales for the current quarter, Zacks reports. Two analysts have provided estimates for Connecture’s earnings, with estimates ranging from $17.00 million to $17.31 million. Connecture posted sales of $18.73 million in the same quarter last year, which suggests a negative year over year growth rate of 8.4%. The company is expected to issue its next earnings report on Monday, August 7th.

According to Zacks, analysts expect that Connecture will report full-year sales of $17.16 million for the current financial year, with estimates ranging from $75.17 million to $78.02 million. For the next financial year, analysts expect that the company will post sales of $83.76 million per share, with estimates ranging from $82.01 million to $85.50 million. Zacks’ sales averages are an average based on a survey of analysts that that provide coverage for Connecture.

Connecture (NASDAQ:CNXR) last released its quarterly earnings data on Monday, May 8th. The technology company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.05. The firm had revenue of $18.27 million for the quarter, compared to the consensus estimate of $16.49 million. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.33) earnings per share.

Separately, Zacks Investment Research upgraded Connecture from a “sell” rating to a “hold” rating and set a $1.00 target price on the stock in a research note on Monday, May 15th.

Shares of Connecture (NASDAQ:CNXR) opened at 0.68 on Tuesday. The stock’s 50 day moving average price is $0.73 and its 200-day moving average price is $1.19. Connecture has a 52-week low of $0.48 and a 52-week high of $2.64. The company’s market capitalization is $15.38 million.

TRADEMARK VIOLATION NOTICE: “Connecture, Inc. (CNXR) Expected to Post Quarterly Sales of $17.16 Million” was published by American Banking News and is the property of of American Banking News. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at

Connecture Company Profile

Connecture, Inc provides a Web-based consumer shopping, enrollment and retention platform for health insurance distribution. The Company caters its services to health insurance marketplace operators, such as health plans, brokers and exchange operators. It operates through four segments: Enterprise/Commercial, Enterprise/State, Medicare and Private Exchange.

Get a free copy of the Zacks research report on Connecture (CNXR)

For more information about research offerings from Zacks Investment Research, visit

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