Zacks: Analysts Expect Top Image Systems Ltd. (TISA) Will Announce Earnings of -$0.03 Per Share

Wall Street brokerages expect Top Image Systems Ltd. (NASDAQ:TISA) to post earnings per share of ($0.03) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Top Image Systems’ earnings, with estimates ranging from ($0.05) to $0.00. Top Image Systems posted earnings per share of ($0.10) in the same quarter last year, which indicates a positive year over year growth rate of 70%. The business is expected to issue its next quarterly earnings report on Thursday, March 15th.

According to Zacks, analysts expect that Top Image Systems will report full year earnings of ($0.19) per share for the current financial year, with EPS estimates ranging from ($0.19) to ($0.18). For the next financial year, analysts forecast that the business will report earnings of $0.01 per share, with EPS estimates ranging from ($0.07) to $0.08. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Top Image Systems.

A number of research analysts recently issued reports on the company. ValuEngine upgraded Top Image Systems from a “strong sell” rating to a “sell” rating in a report on Thursday, December 21st. Zacks Investment Research downgraded Top Image Systems from a “hold” rating to a “sell” rating in a report on Thursday, January 25th. Finally, HC Wainwright set a $3.00 price target on Top Image Systems and gave the company a “buy” rating in a report on Friday, November 17th.

Shares of Top Image Systems (NASDAQ TISA) traded down $0.04 during trading hours on Tuesday, reaching $1.02. The company had a trading volume of 66,678 shares, compared to its average volume of 60,430. Top Image Systems has a 52 week low of $0.96 and a 52 week high of $1.75. The stock has a market cap of $18.98, a P/E ratio of -2.08 and a beta of 1.12.

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Top Image Systems Company Profile

Top Image Systems Ltd. (TIS) is a developer and marketer of intelligent content capture and workflow automation solutions for managing and validating incoming content in any format from any source. The Company’s solutions deliver digital content to the people and applications that drive an enterprise by using advanced network, mobile and cloud technologies.

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