Endurance International Group Holdings, Inc. (EIGI) to Release Quarterly Earnings on Monday

Endurance International Group Holdings, Inc. (NASDAQ:EIGI) is set to announce its earnings results on Monday, October 30th. Analysts expect the company to announce earnings of ($0.16) per share for the quarter.

Endurance International Group Holdings (NASDAQ:EIGI) last issued its quarterly earnings results on Tuesday, August 1st. The software maker reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.11). Endurance International Group Holdings had a negative net margin of 12.05% and a negative return on equity of 122.84%. The firm had revenue of $292.26 million for the quarter, compared to analysts’ expectations of $289.40 million. During the same period in the prior year, the firm earned ($0.21) EPS. Endurance International Group Holdings’s revenue for the quarter was up .5% compared to the same quarter last year. On average, analysts expect Endurance International Group Holdings to post $-0.87 EPS for the current fiscal year and $-0.56 EPS for the next fiscal year.

Endurance International Group Holdings, Inc. (EIGI) opened at 8.25 on Friday. Endurance International Group Holdings, Inc. has a one year low of $6.20 and a one year high of $9.85. The firm’s 50-day moving average is $7.92 and its 200 day moving average is $7.95. The stock’s market cap is $1.18 billion.

A number of brokerages have weighed in on EIGI. Zacks Investment Research lowered Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. BidaskClub upgraded Endurance International Group Holdings from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. SunTrust Banks, Inc. started coverage on Endurance International Group Holdings in a report on Tuesday, August 15th. They set a “hold” rating and a $8.00 price target on the stock. Finally, Jefferies Group LLC lowered Endurance International Group Holdings from a “buy” rating to an “underperform” rating and reduced their price target for the stock from $10.50 to $5.00 in a report on Thursday, August 24th. Five analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Endurance International Group Holdings presently has an average rating of “Sell” and a consensus target price of $7.50.

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In other news, CFO Marc Montagner sold 6,877 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $7.55, for a total transaction of $51,921.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Orlando sold 8,531 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $7.85, for a total value of $66,968.35. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,482 shares of company stock valued at $219,939. 58.20% of the stock is owned by company insiders.

Endurance International Group Holdings Company Profile

Endurance International Group Holdings, Inc (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The Company operates through two segments: Web Presence and Email Marketing. The Company’s Web presence segment consists of Web hosting, domains and the related products and services.

Earnings History for Endurance International Group Holdings (NASDAQ:EIGI)

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