Wall Street brokerages expect Cloudera Inc (NYSE:CLDR) to announce ($0.23) earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Cloudera’s earnings, with the highest EPS estimate coming in at ($0.22) and the lowest estimate coming in at ($0.23). The firm is expected to announce its next quarterly earnings report on Thursday, March 1st.
According to Zacks, analysts expect that Cloudera will report full-year earnings of ($0.82) per share for the current year, with EPS estimates ranging from ($0.84) to ($0.80). For the next year, analysts expect that the firm will report earnings of ($0.63) per share, with EPS estimates ranging from ($0.69) to ($0.53). Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover Cloudera.
CLDR has been the subject of several analyst reports. Drexel Hamilton initiated coverage on Cloudera in a report on Tuesday, December 19th. They issued a “buy” rating for the company. Citigroup raised Cloudera from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $17.18 to $23.00 in a report on Wednesday. Mizuho raised Cloudera from a “neutral” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Tuesday. Finally, ValuEngine raised Cloudera from a “sell” rating to a “hold” rating in a report on Sunday, December 31st.
Shares of Cloudera (NYSE CLDR) traded up $0.03 during midday trading on Wednesday, reaching $17.18. The company’s stock had a trading volume of 844,000 shares, compared to its average volume of 952,000. The firm has a market cap of $2,560.00 and a PE ratio of -2.39. Cloudera has a 52-week low of $14.50 and a 52-week high of $23.35.
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Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.
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