Hennessy Capital Acquisition Corp. II (DSKE) Expected to Post Earnings of $0.03 Per Share

Brokerages expect Hennessy Capital Acquisition Corp. II (NASDAQ:DSKE) to report earnings of $0.03 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Hennessy Capital Acquisition Corp. II’s earnings, with the lowest EPS estimate coming in at ($0.02) and the highest estimate coming in at $0.06. Hennessy Capital Acquisition Corp. II posted earnings per share of ($0.32) during the same quarter last year, which would indicate a positive year over year growth rate of 109.4%. The company is scheduled to report its next earnings report before the market opens on Wednesday, August 9th.

On average, analysts expect that Hennessy Capital Acquisition Corp. II will report full-year earnings of $0.02 per share for the current financial year, with EPS estimates ranging from $0.01 to $0.02. For the next fiscal year, analysts expect that the company will report earnings of $0.19 per share, with EPS estimates ranging from $0.15 to $0.23. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that follow Hennessy Capital Acquisition Corp. II.

A number of research analysts have issued reports on DSKE shares. Craig Hallum started coverage on Hennessy Capital Acquisition Corp. II in a report on Thursday, May 25th. They set a “buy” rating and a $13.00 price objective for the company. Stifel Nicolaus started coverage on Hennessy Capital Acquisition Corp. II in a report on Tuesday, April 4th. They set a “buy” rating and a $13.00 price objective for the company. ValuEngine raised Hennessy Capital Acquisition Corp. II from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Cowen and Company reissued an “outperform” rating and set a $12.00 price objective on shares of Hennessy Capital Acquisition Corp. II in a report on Wednesday, June 28th. Finally, Northland Securities started coverage on Hennessy Capital Acquisition Corp. II in a report on Thursday, June 8th. They set an “outperform” rating for the company. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $13.00.

Hennessy Capital Acquisition Corp. II (NASDAQ DSKE) traded down 0.41% during mid-day trading on Friday, hitting $12.21. 99,987 shares of the company were exchanged. Hennessy Capital Acquisition Corp. II has a 12-month low of $8.76 and a 12-month high of $12.53. The stock’s 50 day moving average is $11.20 and its 200-day moving average is $10.28. The company’s market cap is $460.50 million.

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About Hennessy Capital Acquisition Corp. II

Daseke, Inc is a consolidator of the open deck freight market in North America. The Company provides open deck transportation and logistics. It operates through two segments: Flatbed Solutions and Specialized Solutions. The Flatbed Solutions segment focuses on delivering transportation and logistics solutions that principally require the use of flatbed and retractable-sided transportation equipment.

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