Analysts Expect Tintri Inc (TNTR) to Post -$0.81 Earnings Per Share

Wall Street analysts forecast that Tintri Inc (NASDAQ:TNTR) will post earnings of ($0.81) per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Tintri’s earnings, with the highest EPS estimate coming in at ($0.79) and the lowest estimate coming in at ($0.82). The firm is scheduled to announce its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Tintri will report full-year earnings of ($3.62) per share for the current financial year, with EPS estimates ranging from ($3.76) to ($3.40). For the next financial year, analysts expect that the firm will report earnings of ($2.79) per share, with EPS estimates ranging from ($3.15) to ($2.23). Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Tintri.

Tintri (NASDAQ:TNTR) last posted its quarterly earnings results on Wednesday, December 13th. The company reported ($1.17) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.42) by $0.25.

Several equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Tintri from a “buy” rating to a “hold” rating in a research report on Tuesday, January 23rd. KeyCorp restated an “equal weight” rating on shares of Tintri in a research report on Friday, December 15th. Piper Jaffray Companies set a $5.00 price target on shares of Tintri and gave the company a “hold” rating in a research report on Thursday, December 14th. Finally, Bank of America lowered shares of Tintri from a “neutral” rating to an “underperform” rating and set a $5.00 price target for the company. in a research report on Thursday, December 14th. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $7.89.

Tintri (NASDAQ TNTR) opened at $5.83 on Tuesday. The firm has a market cap of $182.62 and a PE ratio of -1.45. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of -0.73. Tintri has a 1 year low of $2.78 and a 1 year high of $7.75.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Empyrean Capital Partners LP bought a new position in Tintri during the second quarter worth about $6,180,000. JPMorgan Chase & Co. bought a new position in Tintri during the second quarter worth about $4,725,000. UBS Oconnor LLC bought a new position in Tintri during the second quarter worth about $1,454,000. Goldman Sachs Group Inc. bought a new position in Tintri during the second quarter worth about $619,000. Finally, Schwab Charles Investment Management Inc. bought a new position in Tintri during the fourth quarter worth about $102,000. Institutional investors own 61.38% of the company’s stock.

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Tintri Company Profile

Tintri, Inc is a United States-based company. The Company is engaged in the business of storage management solutions. The Company offers a range of products, including Tintri all-flash array, Tintri hybrid-flash array, Tintri Global Center (TGC), Tintri Analytics, Tintri Storage Software. The Company’s solutions include cloud, desktops, database system and servers, Data protection and disaster recovery and DevOps.

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