InterXion Holding N.V. (INXN) Scheduled to Post Quarterly Earnings on Wednesday
InterXion Holding N.V. (NYSE:INXN) will issue its quarterly earnings data before the market opens on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.19 per share for the quarter.
InterXion Holding N.V. (NYSE:INXN) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). The firm had revenue of $120.80 million for the quarter, compared to analyst estimates of $117.13 million. InterXion Holding N.V. had a return on equity of 6.85% and a net margin of 9.25%. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.13 EPS. On average, analysts expect InterXion Holding N.V. to post $0.74 EPS for the current fiscal year and $0.83 EPS for the next fiscal year.
InterXion Holding N.V. (INXN) opened at 53.06 on Wednesday. The company has a 50-day moving average price of $51.19 and a 200-day moving average price of $46.96. InterXion Holding N.V. has a 1-year low of $32.21 and a 1-year high of $53.65. The firm has a market cap of $3.66 billion, a P/E ratio of 75.26 and a beta of 0.57.
ILLEGAL ACTIVITY WARNING: “InterXion Holding N.V. (INXN) Scheduled to Post Quarterly Earnings on Wednesday” was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/25/interxion-holding-n-v-inxn-scheduled-to-post-quarterly-earnings-on-wednesday.html.
An institutional investor recently raised its position in InterXion Holding N.V. stock. Vanguard Group Inc. lifted its position in shares of InterXion Holding N.V. (NYSE:INXN) by 9.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,977 shares of the technology company’s stock after buying an additional 2,883 shares during the period. Vanguard Group Inc.’s holdings in InterXion Holding N.V. were worth $1,509,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 88.43% of the company’s stock.
INXN has been the topic of a number of recent research reports. Barclays PLC increased their price objective on InterXion Holding N.V. from $56.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, October 18th. Stifel Nicolaus reissued a “buy” rating and set a $49.00 price objective on shares of InterXion Holding N.V. in a report on Friday, July 21st. Cowen and Company raised InterXion Holding N.V. from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $45.00 to $54.00 in a report on Tuesday, August 8th. BidaskClub cut InterXion Holding N.V. from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 14th. Finally, Zacks Investment Research cut InterXion Holding N.V. from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $53.67.
InterXion Holding N.V. Company Profile
InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company operates through two segments: France, Germany, The Netherlands and UK, and rest of Europe, which consists of its operations in Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland.
Receive News & Ratings for InterXion Holding N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterXion Holding N.V. and related companies with MarketBeat.com's FREE daily email newsletter.