Zacks: Brokerages Expect Talend SA (TLND) Will Post Earnings of -$0.11 Per Share

Brokerages expect Talend SA (NASDAQ:TLND) to report ($0.11) earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have provided estimates for Talend’s earnings. The lowest EPS estimate is ($0.14) and the highest is ($0.10). Talend posted earnings of ($0.28) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 60.7%. The business is expected to issue its next earnings report on Tuesday, February 12th.

According to Zacks, analysts expect that Talend will report full-year earnings of ($0.52) per share for the current fiscal year, with EPS estimates ranging from ($0.53) to ($0.50). For the next fiscal year, analysts expect that the firm will post earnings of ($0.38) per share, with EPS estimates ranging from ($0.48) to ($0.32). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Talend.

Talend (NASDAQ:TLND) last issued its quarterly earnings data on Wednesday, November 7th. The technology company reported ($0.09) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.01. The business had revenue of $52.07 million during the quarter, compared to the consensus estimate of $51.84 million. Talend had a negative net margin of 19.77% and a negative return on equity of 190.77%. The firm’s revenue was up 32.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.11) EPS.

TLND has been the subject of several research reports. Citigroup set a $86.00 price objective on shares of Talend and gave the company a “buy” rating in a research note on Tuesday, September 18th. BidaskClub raised shares of Talend from a “hold” rating to a “buy” rating in a research note on Saturday, September 8th. Needham & Company LLC increased their price objective on shares of Talend from $64.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, August 7th. KeyCorp reissued a “buy” rating and issued a $61.00 price objective on shares of Talend in a research note on Thursday. Finally, Barclays reissued a “buy” rating and issued a $70.00 price objective on shares of Talend in a research note on Friday. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. Talend has an average rating of “Buy” and an average price target of $61.33.

A number of hedge funds and other institutional investors have recently made changes to their positions in TLND. Centaurus Financial Inc. acquired a new position in Talend in the 2nd quarter valued at approximately $101,000. DekaBank Deutsche Girozentrale increased its position in Talend by 160.0% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 2,080 shares of the technology company’s stock valued at $129,000 after acquiring an additional 1,280 shares during the period. BlackRock Inc. increased its position in Talend by 1,906.0% in the 2nd quarter. BlackRock Inc. now owns 2,347 shares of the technology company’s stock valued at $146,000 after acquiring an additional 2,230 shares during the period. Engineers Gate Manager LP acquired a new position in Talend in the 2nd quarter valued at approximately $206,000. Finally, Diversified Trust Co acquired a new position in Talend in the 2nd quarter valued at approximately $206,000. Hedge funds and other institutional investors own 78.70% of the company’s stock.

Shares of NASDAQ:TLND opened at $41.52 on Wednesday. The company has a market capitalization of $1.75 billion, a P/E ratio of -41.52 and a beta of 0.74. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.03. Talend has a one year low of $35.46 and a one year high of $73.52.

Talend Company Profile

Talend SA provides platform to address IT integration needs in various industries. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.

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