Telos (TLS) Scheduled to Post Quarterly Earnings on Friday

Telos (NASDAQ:TLS) is scheduled to announce its earnings results before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of ($0.11) per share for the quarter. Telos has set its Q1 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Telos (NASDAQ:TLS) last posted its quarterly earnings data on Friday, March 15th. The company reported ($0.12) EPS for the quarter, meeting analysts’ consensus estimates of ($0.12). Telos had a negative net margin of 23.68% and a negative return on equity of 24.23%. The business had revenue of $41.06 million for the quarter, compared to analyst estimates of $31.97 million. During the same quarter last year, the business earned ($0.18) earnings per share. On average, analysts expect Telos to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Telos Price Performance

NASDAQ TLS opened at $3.39 on Thursday. Telos has a 12 month low of $1.76 and a 12 month high of $5.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.57 and a quick ratio of 3.54. The firm has a market capitalization of $248.52 million, a PE ratio of -6.78 and a beta of 0.90. The company’s 50 day simple moving average is $3.75 and its 200 day simple moving average is $3.79.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. BMO Capital Markets raised their target price on shares of Telos from $3.50 to $4.50 and gave the stock a “market perform” rating in a report on Monday, March 18th. DA Davidson raised their target price on shares of Telos from $3.25 to $3.50 and gave the stock a “neutral” rating in a report on Monday, March 18th. Finally, B. Riley raised their price objective on shares of Telos from $4.50 to $5.50 and gave the stock a “buy” rating in a research note on Monday, March 18th.

Telos Company Profile

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.