Quality Systems (NASDAQ:QSII) is set to issue its quarterly earnings data before the market opens on Tuesday, January 23rd. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Quality Systems has set its FY18 guidance at $0.64-0.68 EPS.

Quality Systems (NASDAQ:QSII) last released its earnings results on Thursday, October 26th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.06. The firm had revenue of $132.61 million during the quarter, compared to analysts’ expectations of $130.15 million. Quality Systems had a return on equity of 10.07% and a net margin of 6.06%. The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 EPS. On average, analysts expect Quality Systems to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Quality Systems (NASDAQ:QSII) opened at $13.83 on Tuesday. The stock has a market capitalization of $880.58, a PE ratio of 32.16, a price-to-earnings-growth ratio of 3.16 and a beta of 0.83. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.22 and a current ratio of 1.23. Quality Systems has a 1-year low of $12.61 and a 1-year high of $17.74.

QSII has been the subject of a number of research reports. Royal Bank of Canada initiated coverage on Quality Systems in a report on Tuesday, September 19th. They set an “underperform” rating and a $12.00 target price for the company. Zacks Investment Research cut Quality Systems from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. Jefferies Group reiterated a “hold” rating and set a $15.50 target price on shares of Quality Systems in a report on Sunday, October 8th. Robert W. Baird reiterated a “hold” rating and set a $15.00 target price on shares of Quality Systems in a report on Tuesday, October 17th. Finally, Cantor Fitzgerald reiterated a “hold” rating and set a $13.00 target price on shares of Quality Systems in a report on Thursday, October 26th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. Quality Systems has an average rating of “Hold” and a consensus price target of $14.81.

TRADEMARK VIOLATION WARNING: This report was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was copied illegally and reposted in violation of international trademark & copyright laws. The correct version of this report can be read at https://www.americanbankingnews.com/2018/01/16/quality-systems-qsii-to-release-quarterly-earnings-on-tuesday.html.

About Quality Systems

Quality Systems, Inc (QSI) primarily, through its NextGen Healthcare subsidiary, provides technology-based solutions and services to the ambulatory care market in the United States. The Company is engaged in developing and marketing software and services that automate certain aspects of practice management (PM) and electronic health records (EHR) for medical and dental practices.

Earnings History for Quality Systems (NASDAQ:QSII)

Receive News & Ratings for Quality Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quality Systems and related companies with MarketBeat.com's FREE daily email newsletter.