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.
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.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Cloudera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloudera and related companies with MarketBeat.com's FREE daily email newsletter.