Model N (MODN) to Release Quarterly Earnings on Thursday

Share on StockTwits

Model N (NASDAQ:MODN) will be announcing its Q214 earnings results on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.17) per share and revenue of $20.31 million for the quarter.

Model N (NASDAQ:MODN) last released its earnings data on Monday, February 10th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.12) by $0.09. The company had revenue of $21.60 million for the quarter, compared to the consensus estimate of $21.18 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. Model N’s revenue was down 3.1% compared to the same quarter last year. On average, analysts expect Model N to post $-0.76 EPS for the current fiscal year and $-0.42 EPS for the next fiscal year.

Shares of Model N (NASDAQ:MODN) opened at 9.00 on Wednesday. Model N has a one year low of $7.55 and a one year high of $24.80. The stock’s 50-day moving average is $10.06 and its 200-day moving average is $10.17. The company’s market cap is $218.2 million.

A number of research firms have recently commented on MODN. Analysts at Zacks downgraded shares of Model N from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 15th. They now have a $11.60 price target on the stock. Analysts at Deutsche Bank raised their price target on shares of Model N from $12.00 to $18.00 in a research note on Tuesday, February 11th. They now have a “buy” rating on the stock. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $18.52.

Model N Inc is a United States-based company, which provides revenue management solutions for the life science and technology industries.

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Profit at Boeing Up with Strong Performance
Profit at Boeing Up with Strong Performance
Layoffs Hit Microsoft Employees Hard
Layoffs Hit Microsoft Employees Hard
New Amazon E-Book Subscription Service Raises Some Eyebrows
New Amazon E-Book Subscription Service Raises Some Eyebrows
Hasbro Sees Sales Spike, But Profit Not Lifted
Hasbro Sees Sales Spike, But Profit Not Lifted
June Unemployment Rates Dropped in Nearly Half the States
June Unemployment Rates Dropped in Nearly Half the States
PayPal Helps Fuel More Revenue at eBay
PayPal Helps Fuel More Revenue at eBay


Leave a Reply

 
© 2006-2014 Zolmax.