Wall Street brokerages expect that Switch Inc (NYSE:SWCH) will report earnings per share of ($0.22) for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Switch’s earnings. The highest EPS estimate is ($0.21) and the lowest is ($0.24). The company is scheduled to report its next earnings report on Monday, February 12th.
On average, analysts expect that Switch will report full year earnings of $0.02 per share for the current year, with EPS estimates ranging from ($0.01) to $0.04. For the next financial year, analysts anticipate that the business will report earnings of $0.24 per share, with EPS estimates ranging from $0.20 to $0.36. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Switch.
Switch (NYSE:SWCH) last announced its earnings results on Monday, November 13th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.01. The business had revenue of $97.70 million for the quarter, compared to the consensus estimate of $95.81 million. The firm’s quarterly revenue was up 19.6% on a year-over-year basis.
Shares of Switch (SWCH) opened at $17.26 on Friday. The company has a debt-to-equity ratio of 5.18, a quick ratio of 0.34 and a current ratio of 0.34. The firm has a market capitalization of $4,320.00 and a price-to-earnings ratio of 123.29. Switch has a 12 month low of $15.77 and a 12 month high of $24.90.
The company also recently declared a special dividend, which was paid on Friday, December 29th. Stockholders of record on Monday, December 18th were given a dividend of $0.014 per share. The ex-dividend date was Friday, December 15th. Switch’s dividend payout ratio (DPR) is presently 7.14%.
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Switch Company Profile
Switch, Inc is a technology infrastructure company. The Company is developer and operator of the SUPERNAP, data center facilities, and provides colocation, telecommunications, cloud services, and content ecosystems. The Company designs, constructs and operates hyperscale data centers that address the growing challenges facing the data center industry.
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