TheStreet, Inc. (TST) Announces Earnings Results
TheStreet, Inc. (NASDAQ:TST) posted its earnings results on Monday. The information services provider reported $0.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.03, Bloomberg Earnings reports. TheStreet had a negative return on equity of 1.30% and a negative net margin of 21.87%. During the same period in the prior year, the company posted ($0.03) earnings per share.
TheStreet (NASDAQ TST) opened at $1.25 on Tuesday. TheStreet has a 52-week low of $0.61 and a 52-week high of $1.56.
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Several analysts have recently weighed in on TST shares. B. Riley set a $2.00 target price on TheStreet and gave the company a “buy” rating in a report on Monday. Zacks Investment Research cut TheStreet from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 6th. Finally, ValuEngine upgraded TheStreet from a “sell” rating to a “hold” rating in a research report on Tuesday.
TheStreet Company Profile
TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.
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