CA (CA) to Release Earnings on Tuesday

CA (NASDAQ:CA) will release its earnings data after the market closes on Tuesday, January 30th. Analysts expect CA to post earnings of $0.60 per share for the quarter. CA has set its FY18 guidance at $2.42-2.48 EPS.

CA (NASDAQ:CA) last announced its quarterly earnings data on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, meeting the consensus estimate of $0.62. CA had a net margin of 17.83% and a return on equity of 15.74%. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the previous year, the business earned $0.67 earnings per share. The company’s revenue was up 1.6% on a year-over-year basis. On average, analysts expect CA to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

CA (NASDAQ:CA) opened at $34.72 on Tuesday. CA has a 1 year low of $30.45 and a 1 year high of $36.54. The company has a market cap of $14,259.77, a P/E ratio of 19.95, a price-to-earnings-growth ratio of 4.54 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.24.

Several research analysts have commented on the stock. Barclays lowered their price objective on shares of CA from $36.00 to $34.00 and set an “equal weight” rating for the company in a research report on Thursday, October 26th. Mizuho reiterated a “hold” rating and set a $34.00 price target on shares of CA in a report on Wednesday, October 25th. BidaskClub downgraded shares of CA from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Finally, Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a report on Monday, October 30th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. CA presently has an average rating of “Hold” and a consensus target price of $33.70.

In other CA news, EVP Lauren Patricia Flaherty sold 24,843 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $32.59, for a total transaction of $809,633.37. Following the sale, the executive vice president now owns 82,000 shares of the company’s stock, valued at $2,672,380. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.90% of the company’s stock.

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About CA

CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.

Earnings History for CA (NASDAQ:CA)

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