The Rubicon Project, Inc. (NYSE:RUBI) is set to post its quarterly earnings results after the market closes on Tuesday, October 31st. Analysts expect The Rubicon Project to post earnings of ($0.12) per share for the quarter.

The Rubicon Project (NYSE:RUBI) last issued its quarterly earnings results on Tuesday, August 1st. The software maker reported ($0.21) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.15) by ($0.06). The business had revenue of $42.90 million during the quarter, compared to the consensus estimate of $47.98 million. The Rubicon Project had a negative return on equity of 1.15% and a negative net margin of 20.28%. The firm’s revenue was down 34.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.17 earnings per share. On average, analysts expect The Rubicon Project to post $-0.93 EPS for the current fiscal year and $-1.26 EPS for the next fiscal year.

The Rubicon Project, Inc. (RUBI) opened at 3.38 on Tuesday. The Rubicon Project, Inc. has a 52 week low of $3.38 and a 52 week high of $9.16. The company has a 50 day moving average of $3.78 and a 200 day moving average of $4.71. The company’s market capitalization is $165.78 million.

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An institutional investor recently raised its position in The Rubicon Project stock. The Manufacturers Life Insurance Company boosted its position in The Rubicon Project, Inc. (NYSE:RUBI) by 20.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,052 shares of the software maker’s stock after purchasing an additional 6,178 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.08% of The Rubicon Project worth $191,000 at the end of the most recent reporting period. 62.44% of the stock is currently owned by institutional investors.

RUBI has been the subject of a number of research reports. BidaskClub lowered shares of The Rubicon Project from a “hold” rating to a “sell” rating in a research note on Saturday, July 8th. Zacks Investment Research raised shares of The Rubicon Project from a “hold” rating to a “buy” rating and set a $5.50 price objective for the company in a research note on Thursday, July 13th. B. Riley reaffirmed a “neutral” rating and issued a $5.00 price objective on shares of The Rubicon Project in a research note on Wednesday, August 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of The Rubicon Project in a research note on Thursday, August 24th. Finally, ValuEngine lowered shares of The Rubicon Project from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $6.10.

The Rubicon Project Company Profile

The Rubicon Project, Inc offers a technology solution to automate the purchase and sale of advertising for buyers and sellers. The Company’s solution enables buyers and sellers to purchase and sell a range of advertising units, including display and video; utilizing various inventory types, including direct sale of inventory and real-time bidding (RTB), and across digital channels, including mobile Web, mobile application and desktop, as well as across various out of home channels, such as digital billboards.

Earnings History for The Rubicon Project (NYSE:RUBI)

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