MDC Partners Inc. (NASDAQ:MDCA) is set to announce its earnings results after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.

MDC Partners (NASDAQ:MDCA) last released its quarterly earnings results on Monday, August 7th. The business services provider reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.02). MDC Partners had a negative return on equity of 5.72% and a negative net margin of 1.70%. The business had revenue of $390.53 million during the quarter, compared to the consensus estimate of $368.74 million. During the same period in the previous year, the company posted $0.02 EPS. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. On average, analysts expect MDC Partners to post $0.34 EPS for the current fiscal year and $0.56 EPS for the next fiscal year.

MDC Partners Inc. (NASDAQ:MDCA) traded down 3.36% on Tuesday, hitting $11.50. The stock had a trading volume of 433,615 shares. The firm’s 50-day moving average price is $10.60 and its 200-day moving average price is $9.59. MDC Partners Inc. has a 1-year low of $2.75 and a 1-year high of $12.26. The firm’s market cap is $672.06 million.

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MDCA has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed a “hold” rating on shares of MDC Partners in a report on Thursday, July 6th. Zacks Investment Research raised MDC Partners from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a report on Tuesday, July 18th. BidaskClub raised MDC Partners from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 19th. BMO Capital Markets reaffirmed a “buy” rating and set a $15.00 price target on shares of MDC Partners in a report on Wednesday, September 13th. Finally, Jefferies Group LLC reaffirmed a “buy” rating on shares of MDC Partners in a report on Thursday, September 21st. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. MDC Partners has an average rating of “Hold” and an average target price of $12.14.

MDC Partners Company Profile

MDC Partners Inc is a provider of global marketing, advertising, activation, communications and strategic consulting solutions. The Company and its subsidiary agencies (Partner Firms) deliver a range of customized services. The Company’s segments include Reportable Segment, All Other and Corporate. The Reportable segment consists of the Company’s integrated advertising, media and public relations service companies.

Earnings History for MDC Partners (NASDAQ:MDCA)

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