InterXion Holding NV (NYSE:INXN) Expected to Post Earnings of $0.16 Per Share

Analysts expect that InterXion Holding NV (NYSE:INXN) will report earnings of $0.16 per share for the current quarter, Zacks reports. Six analysts have made estimates for InterXion’s earnings, with the highest EPS estimate coming in at $0.18 and the lowest estimate coming in at $0.11. InterXion reported earnings per share of $0.15 in the same quarter last year, which would indicate a positive year over year growth rate of 6.7%. The company is expected to report its next earnings report on Thursday, August 1st.

According to Zacks, analysts expect that InterXion will report full year earnings of $0.63 per share for the current fiscal year, with EPS estimates ranging from $0.47 to $0.70. For the next fiscal year, analysts forecast that the company will report earnings of $0.80 per share, with EPS estimates ranging from $0.59 to $0.98. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover InterXion.

InterXion (NYSE:INXN) last issued its earnings results on Thursday, May 9th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.04). The company had revenue of $151.53 million for the quarter, compared to the consensus estimate of $151.09 million. InterXion had a return on equity of 5.60% and a net margin of 4.77%. The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.17 earnings per share.

Several analysts have recently commented on INXN shares. Oppenheimer set a $2.00 target price on shares of Valeritas and gave the company a “buy” rating in a report on Friday, May 10th. Citigroup set a $6.00 target price on shares of Solid Biosciences and gave the company a “hold” rating in a report on Thursday, May 16th. Credit Suisse Group started coverage on shares of Merck & Co., Inc. in a report on Thursday, July 11th. They issued a “buy” rating and a $95.00 target price for the company. Stifel Nicolaus set a $74.00 target price on shares of InterXion and gave the company a “buy” rating in a report on Friday, May 10th. Finally, Wells Fargo & Co lowered their target price on shares of Nevro from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Monday, May 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $82.00.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tortoise Index Solutions LLC purchased a new stake in InterXion during the first quarter worth about $33,000. Resources Investment Advisors Inc. purchased a new stake in InterXion during the fourth quarter worth about $34,000. Campbell & CO Investment Adviser LLC purchased a new stake in InterXion during the first quarter worth about $210,000. Jane Street Group LLC purchased a new stake in InterXion during the fourth quarter worth about $226,000. Finally, Financial Counselors Inc. purchased a new stake in InterXion during the first quarter worth about $299,000. Institutional investors and hedge funds own 89.66% of the company’s stock.

NYSE INXN traded down $0.94 on Thursday, hitting $76.16. 47,834 shares of the company were exchanged, compared to its average volume of 383,247. The stock has a market capitalization of $5.90 billion, a P/E ratio of 116.18, a PEG ratio of 8.64 and a beta of 0.94. InterXion has a 12 month low of $50.05 and a 12 month high of $77.70. The stock’s fifty day moving average is $75.05. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.88 and a current ratio of 0.88.

About InterXion

InterXion Holding N.V. provides carrier and cloud-neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, Austria, Belgium, Denmark, Ireland, Spain, Sweden, and Switzerland. The company enables its customers to connect to a range of telecommunications carriers, cloud platforms, Internet service providers, and other customers.

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Earnings History and Estimates for InterXion (NYSE:INXN)

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