LivePerson (LPSN) Set to Announce Earnings on Tuesday

LivePerson (NASDAQ:LPSN) is set to post its quarterly earnings results after the market closes on Tuesday, February 6th. LivePerson has set its FY17 guidance at $0.07-0.08 EPS.

LivePerson (NASDAQ:LPSN) last posted its earnings results on Wednesday, November 1st. The technology company reported $0.05 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.05. The company had revenue of $54.49 million for the quarter, compared to the consensus estimate of $54.55 million. LivePerson had a negative return on equity of 4.41% and a negative net margin of 11.07%. LivePerson’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.02) earnings per share. On average, analysts expect LivePerson to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of LivePerson (NASDAQ LPSN) opened at $11.65 on Tuesday. The company has a market capitalization of $714.29, a price-to-earnings ratio of -27.74 and a beta of 1.19. LivePerson has a 12-month low of $5.43 and a 12-month high of $15.10.

LPSN has been the subject of a number of analyst reports. Zacks Investment Research cut LivePerson from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. Benchmark boosted their price target on LivePerson from $14.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, October 10th. Oppenheimer reissued a “hold” rating on shares of LivePerson in a report on Friday. Ladenburg Thalmann Financial Services reissued a “buy” rating and issued a $17.50 price target (up from $15.00) on shares of LivePerson in a report on Tuesday, October 10th. Finally, B. Riley initiated coverage on LivePerson in a report on Thursday, December 14th. They issued a “buy” rating and a $16.50 price target for the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $15.23.

In related news, CEO Robert P. Locascio sold 2,779 shares of the company’s stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $11.45, for a total value of $31,819.55. Following the completion of the transaction, the chief executive officer now directly owns 73,656 shares in the company, valued at $843,361.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Daniel Richard Murphy sold 2,493 shares of the company’s stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $11.45, for a total value of $28,544.85. Following the completion of the transaction, the chief financial officer now owns 82,185 shares of the company’s stock, valued at $941,018.25. The disclosure for this sale can be found here. Insiders sold 7,440 shares of company stock valued at $85,188 over the last quarter. Insiders own 11.70% of the company’s stock.

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About LivePerson

LivePerson, Inc (Liveperson) is a provider of mobile and online business messaging technologies that power digital communication between brands and consumers. The Company’s segments include Business and Consumer. The Business segment enables brands to leverage its cloud-based LiveEngage’s intelligence engine.

Earnings History for LivePerson (NASDAQ:LPSN)

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