InnerWorkings (NASDAQ:INWK) issued an update on its FY17 earnings guidance on Wednesday morning. The company provided EPS guidance of $0.47-0.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.49. The company issued revenue guidance of $1.115-1.145 billion, compared to the consensus revenue estimate of $1.12 billion.
Shares of InnerWorkings (NASDAQ:INWK) traded down $0.07 on Wednesday, reaching $10.23. The company’s stock had a trading volume of 184,015 shares, compared to its average volume of 220,114. InnerWorkings has a 12-month low of $9.08 and a 12-month high of $12.03. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.63 and a current ratio of 1.86. The firm has a market capitalization of $563.23, a price-to-earnings ratio of 22.30, a PEG ratio of 1.60 and a beta of 1.67.
InnerWorkings (NASDAQ:INWK) last released its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.02. The firm had revenue of $288.40 million during the quarter, compared to the consensus estimate of $289.82 million. InnerWorkings had a return on equity of 9.53% and a net margin of 2.04%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.11 earnings per share. equities research analysts expect that InnerWorkings will post 0.49 EPS for the current fiscal year.
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InnerWorkings Company Profile
InnerWorkings, Inc is a marketing execution company. The Company’s software applications and databases create an integrated solution that stores, analyzes and tracks the production capabilities of its supplier network, as well as detailed pricing data. The Company’s segments include North America and International.
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