-$0.23 EPS Expected for Cloudera Inc (CLDR) This Quarter

Wall Street analysts expect Cloudera Inc (NYSE:CLDR) to announce earnings per share (EPS) of ($0.23) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Cloudera’s earnings. The highest EPS estimate is ($0.22) and the lowest is ($0.23). The business is scheduled to issue its next quarterly earnings results on Thursday, March 1st.

On average, analysts expect that Cloudera will report full-year earnings of ($0.82) per share for the current fiscal year, with EPS estimates ranging from ($0.84) to ($0.80). For the next fiscal year, analysts anticipate that the company will post earnings of ($0.63) per share, with EPS estimates ranging from ($0.69) to ($0.53). Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Cloudera.

Cloudera (NYSE:CLDR) last released its quarterly earnings data on Thursday, December 7th. The company reported ($0.39) earnings per share for the quarter, topping the consensus estimate of ($0.46) by $0.07.

Several brokerages have commented on CLDR. ValuEngine upgraded shares of Cloudera from a “sell” rating to a “hold” rating in a report on Wednesday, February 7th. Morgan Stanley raised their target price on shares of Cloudera from $21.00 to $23.00 and gave the stock a “hold” rating in a report on Tuesday, January 30th. Zacks Investment Research downgraded shares of Cloudera from a “buy” rating to a “hold” rating in a report on Wednesday, January 24th. Needham & Company LLC began coverage on shares of Cloudera in a report on Friday, January 12th. They set a “buy” rating and a $22.00 target price on the stock. Finally, Citigroup upgraded shares of Cloudera from a “neutral” rating to a “buy” rating and raised their target price for the stock from $17.18 to $23.00 in a report on Wednesday, January 10th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $22.00.

In other news, VP Wayne Kimber sold 100,000 shares of Cloudera stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $17.92, for a total value of $1,792,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 105,441 shares of company stock worth $1,886,643 over the last quarter.

Several large investors have recently added to or reduced their stakes in CLDR. SeaCrest Wealth Management LLC bought a new position in shares of Cloudera in the fourth quarter valued at $124,000. Amalgamated Bank bought a new position in Cloudera during the fourth quarter worth $220,000. Keybank National Association OH bought a new position in Cloudera during the fourth quarter worth $350,000. S&CO Inc. bought a new position in Cloudera during the fourth quarter worth $432,000. Finally, Pier 88 Investment Partners LLC bought a new position in Cloudera during the fourth quarter worth $446,000. 37.50% of the stock is owned by institutional investors and hedge funds.

Shares of Cloudera (NYSE CLDR) traded down $0.06 during mid-day trading on Tuesday, reaching $17.63. 273,271 shares of the company’s stock traded hands, compared to its average volume of 1,307,585. The firm has a market cap of $2,480.00 and a P/E ratio of -2.45. Cloudera has a 52-week low of $14.50 and a 52-week high of $23.35.

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About Cloudera

Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.

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