Equities research analysts expect Cloudera (NYSE:CLDR) to announce earnings of ($0.18) per share for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Cloudera’s earnings. The lowest EPS estimate is ($0.19) and the highest is ($0.17). Cloudera posted earnings per share of ($0.27) in the same quarter last year, which indicates a positive year-over-year growth rate of 33.3%. The business is expected to announce its next quarterly earnings report after the market closes on Wednesday, June 6th.
On average, analysts expect that Cloudera will report full-year earnings of ($0.60) per share for the current year, with EPS estimates ranging from ($0.61) to ($0.56). For the next financial year, analysts forecast that the business will report earnings of ($0.44) per share, with EPS estimates ranging from ($0.53) to ($0.37). Zacks’ earnings per share averages are an average based on a survey of research firms that follow Cloudera.
Cloudera (NYSE:CLDR) last released its quarterly earnings results on Tuesday, April 3rd. The company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.12. Cloudera had a negative net margin of 104.99% and a negative return on equity of 154.35%. The firm had revenue of $103.50 million during the quarter, compared to analysts’ expectations of $98.63 million. The firm’s quarterly revenue was up 42.2% on a year-over-year basis.
Cloudera opened at $15.96 on Wednesday, MarketBeat.com reports. Cloudera has a 12 month low of $15.91 and a 12 month high of $16.54. The stock has a market cap of $2.24 billion and a P/E ratio of -4.94.
In other news, insider Michael Olson sold 55,238 shares of the company’s stock in a transaction that occurred on Wednesday, April 11th. The shares were sold at an average price of $16.89, for a total value of $932,969.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael A. Stankey purchased 25,000 shares of the stock in a transaction dated Monday, April 9th. The stock was acquired at an average cost of $12.99 per share, with a total value of $324,750.00. The disclosure for this purchase can be found here. Over the last three months, insiders sold 110,476 shares of company stock valued at $1,762,921.
Institutional investors and hedge funds have recently made changes to their positions in the company. Amalgamated Bank purchased a new stake in shares of Cloudera in the 4th quarter worth approximately $220,000. Greylock Xii GP LLC purchased a new stake in shares of Cloudera in the 4th quarter worth approximately $111,425,000. Schwab Charles Investment Management Inc. lifted its position in shares of Cloudera by 629.8% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 409,176 shares of the company’s stock worth $6,760,000 after purchasing an additional 353,109 shares during the period. BlackRock Inc. lifted its position in shares of Cloudera by 129.4% in the 4th quarter. BlackRock Inc. now owns 15,956,433 shares of the company’s stock worth $263,600,000 after purchasing an additional 9,001,771 shares during the period. Finally, Glynn Capital Management LLC bought a new position in shares of Cloudera during the 4th quarter worth approximately $30,703,000. 74.78% of the stock is owned by hedge funds and other institutional investors.
Cloudera, Inc provides platform for machine learning and analytics in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. Its platform delivers an integrated suite of capabilities for data management, machine learning, and analytics to customers for transforming their businesses.
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