Radware Ltd. (RDWR) Expected to Announce Earnings of $0.08 Per Share
Equities research analysts expect that Radware Ltd. (NASDAQ:RDWR) will announce earnings of $0.08 per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Radware’s earnings, with the highest EPS estimate coming in at $0.09 and the lowest estimate coming in at $0.06. Radware posted earnings per share of $0.06 during the same quarter last year, which suggests a positive year-over-year growth rate of 33.3%. The business is expected to announce its next quarterly earnings results on Wednesday, February 14th.
According to Zacks, analysts expect that Radware will report full-year earnings of $0.16 per share for the current year, with EPS estimates ranging from $0.15 to $0.17. For the next year, analysts forecast that the company will report earnings of $0.33 per share, with EPS estimates ranging from $0.20 to $0.55. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that cover Radware.
RDWR has been the topic of several recent research reports. Imperial Capital reaffirmed an “outperform” rating and issued a $21.00 price target (up previously from $20.00) on shares of Radware in a research report on Thursday, August 10th. BidaskClub raised shares of Radware from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Zacks Investment Research raised shares of Radware from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 18th. Barclays raised their price target on shares of Radware from $19.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, November 2nd. Finally, Jefferies Group reaffirmed a “buy” rating on shares of Radware in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $20.83.
Shares of Radware (NASDAQ RDWR) traded up $0.02 during midday trading on Wednesday, reaching $20.48. 160,700 shares of the company traded hands, compared to its average volume of 209,443. Radware has a twelve month low of $13.33 and a twelve month high of $20.78.
Radware Company Profile
Radware Ltd. is a provider of cyber security and application delivery solutions. The Company’s solutions incorporate Distributed Denial of Service protection, Web application firewall (WAF) and Application Delivery Controllers (ADC) technologies to enable its customers to provide cyber-attack mitigation solutions for a range of applications.
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