On Thursday, LogMeIn LOGM will release its latest earnings report. Benzinga's outlook for LogMeIn is included in the following report.
Earnings and Revenue
Analysts covering LogMeIn modeled for quarterly EPS of $1.25 on revenue of $305 million.
In the same quarter last year, LogMeIn reported EPS of $1.01 on revenue of $266.95 million. Sales would be up 14.27 percent on a year-over-year basis. Here's how the LogMeIn's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | 1.18 | 1.17 | 1.11 | 0.93 |
EPS Actual | 1.21 | 1.2 | 1.16 | 1.01 |
Stock Performance
Over the last 52-week period, shares are down 3.17 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts generally rate LogMeIn stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
LogMeIn's Q2 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://investor.logmeininc.com/about-us/investors/events-and-presentations/webcasts/default.aspx
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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