Fluent (FLNT) Projected to Post Earnings on Thursday

Fluent (NASDAQ:FLNT) is expected to be issuing its quarterly earnings data after the market closes on Thursday, May 15th. Analysts expect the company to announce earnings of ($0.38) per share and revenue of $57.29 million for the quarter.

Fluent (NASDAQ:FLNT) last issued its quarterly earnings results on Friday, February 28th. The company reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.30) by $0.09. Fluent had a negative net margin of 10.59% and a negative return on equity of 64.75%. The business had revenue of $65.41 million during the quarter, compared to the consensus estimate of $68.06 million. On average, analysts expect Fluent to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Fluent Stock Down 0.4%

FLNT stock opened at $2.41 on Wednesday. Fluent has a 12-month low of $2.01 and a 12-month high of $4.24. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.27. The company has a market cap of $49.75 million, a price-to-earnings ratio of -1.34 and a beta of 1.68. The company has a 50 day moving average of $2.30 and a two-hundred day moving average of $2.64.

Wall Street Analysts Forecast Growth

FLNT has been the subject of a number of research analyst reports. Canaccord Genuity Group set a $3.50 target price on shares of Fluent and gave the stock a “hold” rating in a research report on Friday, February 28th. StockNews.com initiated coverage on shares of Fluent in a research report on Saturday. They issued a “hold” rating for the company.

About Fluent

Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.