KVH Industries, Inc. (NASDAQ:KVHI) is scheduled to be releasing its earnings data before the market opens on Tuesday, October 31st. Analysts expect KVH Industries to post earnings of $0.01 per share for the quarter. KVH Industries has set its Q3 guidance at $0.01-0.04 EPS and its FY17 guidance at $0.07-0.27 EPS.

KVH Industries (NASDAQ:KVHI) last announced its quarterly earnings results on Wednesday, August 2nd. The communications equipment provider reported $0.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.20. The company had revenue of $40.50 million for the quarter, compared to analyst estimates of $40.55 million. KVH Industries had a negative net margin of 6.35% and a positive return on equity of 1.85%. KVH Industries’s revenue for the quarter was down 12.0% on a year-over-year basis. During the same quarter last year, the business earned $0.08 EPS. On average, analysts expect KVH Industries to post $-0.03 EPS for the current fiscal year and $-0.19 EPS for the next fiscal year.

KVH Industries, Inc. (NASDAQ:KVHI) opened at 11.50 on Tuesday. KVH Industries, Inc. has a one year low of $7.50 and a one year high of $12.75. The firm’s market cap is $196.51 million. The firm has a 50 day moving average of $11.80 and a 200-day moving average of $10.22.

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An institutional investor recently raised its position in KVH Industries stock. State Street Corp raised its stake in KVH Industries, Inc. (NASDAQ:KVHI) by 6.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 267,550 shares of the communications equipment provider’s stock after buying an additional 15,506 shares during the quarter. State Street Corp owned 1.57% of KVH Industries worth $2,540,000 at the end of the most recent reporting period. 61.30% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research upgraded shares of KVH Industries from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Tuesday.

KVH Industries Company Profile

KVH Industries, Inc is a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users at sea and on land. The Company also provides commercially licensed entertainment, including news, sports, music and movies, to commercial and leisure customers in the maritime, hotel and retail markets.

Earnings History for KVH Industries (NASDAQ:KVHI)

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