West Corp (WSTC) Set to Announce Earnings on Monday
West Corp (NASDAQ:WSTC) will release its earnings data before the market opens on Monday, October 30th. Analysts expect West Corp to post earnings of $0.73 per share for the quarter.
West Corp (NASDAQ:WSTC) last issued its quarterly earnings results on Thursday, August 3rd. The technology company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.03. The firm had revenue of $574.39 million for the quarter, compared to analysts’ expectations of $579.40 million. On average, analysts expect West Corp to post $2.91 EPS for the current fiscal year and $2.89 EPS for the next fiscal year.
Shares of West Corp (NASDAQ:WSTC) traded up 0.09% on Monday, hitting $23.50. The stock had a trading volume of 434,140 shares. The stock has a 50 day moving average of $23.42 and a 200-day moving average of $23.59. West Corp has a 12 month low of $19.64 and a 12 month high of $28.57. The stock has a market cap of $1.97 billion, a PE ratio of 9.30 and a beta of 1.58.
WSTC has been the topic of a number of research reports. BidaskClub downgraded West Corp from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 16th. Zacks Investment Research downgraded West Corp from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. One analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. West Corp presently has a consensus rating of “Hold” and a consensus price target of $24.50.
In other news, insider Rodney J. Kempkes sold 3,382 shares of West Corp stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $23.35, for a total value of $78,969.70. Following the sale, the insider now directly owns 55,511 shares of the company’s stock, valued at $1,296,181.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Rodney J. Kempkes sold 3,385 shares of West Corp stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $23.36, for a total value of $79,073.60. Following the completion of the sale, the insider now directly owns 52,126 shares in the company, valued at $1,217,663.36. The disclosure for this sale can be found here. Insiders own 4.60% of the company’s stock.
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About West Corp
West Corporation is a provider of communication and network infrastructure services. The Company helps its clients communicate, collaborate and connect with their audiences through a portfolio of solutions that include unified communications services, safety services, and interactive services, such as automated notifications, specialized agent services and telecom services.
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