DigitalGlobe, Inc (NYSE:DGI) Set to Announce Quarterly Earnings on Thursday

DigitalGlobe, Inc (NYSE:DGI) is scheduled to announce its earnings results after the market closes on Thursday, July 20th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter.

DigitalGlobe (NYSE:DGI) last released its quarterly earnings data on Tuesday, May 2nd. The technology company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by $0.02. The business had revenue of $209.70 million for the quarter, compared to the consensus estimate of $199.07 million. DigitalGlobe had a return on equity of 3.24% and a net margin of 2.00%. On average, analysts expect DigitalGlobe to post $-0.05 EPS for the current fiscal year and $0.42 EPS for the next fiscal year.

DigitalGlobe, Inc (NYSE DGI) opened at 33.35 on Wednesday. The stock’s 50 day moving average is $32.48 and its 200-day moving average is $31.54. DigitalGlobe, Inc has a 12-month low of $22.71 and a 12-month high of $35.95. The company has a market capitalization of $2.07 billion, a P/E ratio of 188.42 and a beta of 1.03.

In other DigitalGlobe news, Director Warren Jenson sold 32,512 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $31.73, for a total transaction of $1,031,605.76. Following the completion of the transaction, the director now owns 41,236 shares of the company’s stock, valued at $1,308,418.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Walter S. Scott sold 16,200 shares of the business’s stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $31.62, for a total value of $512,244.00. Following the transaction, the executive vice president now directly owns 109,037 shares of the company’s stock, valued at approximately $3,447,749.94. The disclosure for this sale can be found here. In the last three months, insiders have sold 53,070 shares of company stock valued at $1,682,341. Insiders own 2.30% of the company’s stock.

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Separately, BidaskClub raised shares of DigitalGlobe from a “sell” rating to a “hold” rating in a research report on Wednesday, June 14th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $31.79.

DigitalGlobe Company Profile

DigitalGlobe, Inc is a provider of Earth imagery, data and analysis. The Company’s imagery solutions and other services support a range of uses, including mission-planning, mapping and analysis, environmental monitoring, oil and gas exploration and infrastructure management. The Company’s imagery solutions and other services are sourced from its own satellite constellation and third-party providers.

Earnings History for DigitalGlobe (NYSE:DGI)

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