LiveRamp (RAMP) Posts Quarterly Earnings Results, Beats Estimates By $0.17 EPS
LiveRamp (NASDAQ:RAMP) released its quarterly earnings data on Monday. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.17, MarketWatch Earnings reports. LiveRamp updated its FY 2019 guidance to EPS.
Shares of RAMP stock opened at $44.08 on Tuesday. LiveRamp has a one year low of $18.60 and a one year high of $51.51.
Several research analysts have recently issued reports on the company. Zacks Investment Research downgraded LiveRamp from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 26th. Macquarie assumed coverage on LiveRamp in a research note on Thursday, November 15th. They issued an “outperform” rating and a $60.00 price objective for the company. Wells Fargo & Co assumed coverage on LiveRamp in a research note on Friday, December 21st. They issued an “outperform” rating and a $60.00 price objective for the company. Finally, TheStreet downgraded LiveRamp from a “b-” rating to a “c+” rating in a research note on Wednesday, October 17th.
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LiveRamp Holdings, Inc provides identity and data connectivity for powering exceptional customer experiences. The company offers IdentityLink, an identity resolution platform that connects people, data, and devices across the physical and digital world, powering privacy-compliant, people-based marketing that allows consumers to better connect with the brands and products they love.
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