TheStreet (TST) Scheduled to Post Earnings on Wednesday

TheStreet (NASDAQ:TST) will be posting its quarterly earnings results before the market opens on Wednesday, November 14th. Analysts expect TheStreet to post earnings of ($0.03) per share for the quarter.

TheStreet (NASDAQ:TST) last issued its earnings results on Wednesday, August 8th. The information services provider reported ($0.02) EPS for the quarter. TheStreet had a net margin of 50.81% and a return on equity of 4.86%. The firm had revenue of $13.59 million during the quarter, compared to analyst estimates of $15.35 million. On average, analysts expect TheStreet to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NASDAQ:TST traded down $0.01 on Wednesday, hitting $1.92. The stock had a trading volume of 6,115 shares, compared to its average volume of 195,181. TheStreet has a twelve month low of $0.89 and a twelve month high of $2.50. The company has a market capitalization of $95.24 million, a PE ratio of 24.00 and a beta of 0.53.

Several research analysts recently issued reports on TST shares. Zacks Investment Research upgraded shares of TheStreet from a “sell” rating to a “hold” rating in a research report on Thursday, July 12th. B. Riley upped their price target on shares of TheStreet from $2.75 to $3.00 and gave the stock a “buy” rating in a research report on Monday, July 16th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $2.63.

In related news, major shareholder Jay C. Hoag sold 1,755,000 shares of the company’s stock in a transaction dated Thursday, October 18th. The shares were sold at an average price of $2.00, for a total transaction of $3,510,000.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 30.00% of the stock is owned by corporate insiders.

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About TheStreet

TheStreet, Inc, a financial news and information provider, provides business to business (B2B) and business to consumer (B2C) content and products worldwide. The company operates through three segments: TheDeal/BoardEx, RateWatch, and Business to Consumer. Its B2B products include The Deal, a digital subscription model that delivers coverage primarily to institutional investors on changes in corporate control comprising merges and acquisitions, private equity, corporate activism, and restructuring; and BoardEx, an institutional relationship capital management database and platform, which holds profiles of approximately 1 million business leaders.

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Earnings History for TheStreet (NASDAQ:TST)

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