INTL FCStone (INTL) Set to Announce Quarterly Earnings on Tuesday
INTL FCStone (NASDAQ:INTL) will issue its quarterly earnings data after the market closes on Tuesday, December 12th. Analysts expect the company to announce earnings of $0.97 per share for the quarter.
INTL FCStone (NASDAQ:INTL) opened at $43.13 on Monday. The company has a current ratio of 1.47, a quick ratio of 0.99 and a debt-to-equity ratio of 0.32. INTL FCStone has a 12-month low of $33.11 and a 12-month high of $44.91. The firm has a market capitalization of $807.39, a P/E ratio of 19.08 and a beta of 1.70.
INTL FCStone announced that its Board of Directors has initiated a stock buyback program on Monday, August 21st that authorizes the company to buyback 1,000,000 shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.
Separately, BidaskClub downgraded INTL FCStone from a “strong-buy” rating to a “buy” rating in a report on Thursday.
ILLEGAL ACTIVITY NOTICE: This story was first published by Watch List News and is owned by of Watch List News. If you are reading this story on another website, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this story can be read at https://www.watchlistnews.com/intl-fcstone-intl-set-to-announce-quarterly-earnings-on-tuesday/1756517.html.
INTL FCStone Company Profile
INTL Fcstone Inc is a financial services company. The Company provides financial products, and advisory and execution service. The Company operates through five segments: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services (CES). The Commercial Hedging segment serves its commercial clients through its team of risk management consultants.
Receive News & Ratings for INTL FCStone Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for INTL FCStone Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.