Black Diamond (BDE) Scheduled to Post Quarterly Earnings on Monday
Black Diamond (NYSE:BDE) is scheduled to announce its Q114 earnings results on Monday, May 5th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $54.64 million for the quarter.
Black Diamond (NYSE:BDE) last announced its earnings results on Monday, March 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.12. The company had revenue of $60.40 million for the quarter, compared to the consensus estimate of $60.60 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The company’s revenue for the quarter was up 23.8% on a year-over-year basis.
Shares of Black Diamond (NYSE:BDE) opened at 11.11 on Friday. Black Diamond has a one year low of $8.63 and a one year high of $15.15. The stock has a 50-day moving average of $11.55 and a 200-day moving average of $12.29. The company’s market cap is $360.8 million.
A number of research firms have recently commented on BDE. Analysts at FirstEnergy Capital downgraded shares of Black Diamond to a “market perform” rating in a research note on Thursday, April 17th. On a related note, analysts at Zacks upgraded shares of Black Diamond from an “underperform” rating to a “neutral” rating in a research note on Wednesday, March 19th. They now have a $12.30 price target on the stock. Finally, analysts at Zacks downgraded shares of Black Diamond from a “neutral” rating to an “underperform” rating in a research note on Tuesday, February 18th. They now have a $9.20 price target on the stock. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $15.16.
Black Diamond, Inc (NYSE:BDE), formerly Clarus Corporation, is engaged in designing, manufacturing and marketing outdoor performance products for climbing, mountaineering, backpacking, skiing and other outdoor recreation activities.
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