Analysts expect LivePerson, Inc. (NASDAQ:LPSN) to post $0.02 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for LivePerson’s earnings, with the highest EPS estimate coming in at $0.03 and the lowest estimate coming in at $0.02. LivePerson posted earnings per share of $0.05 during the same quarter last year, which indicates a negative year-over-year growth rate of 60%. The business is scheduled to announce its next earnings results on Wednesday, November 7th.

On average, analysts expect that LivePerson will report full-year earnings of $0.11 per share for the current financial year, with EPS estimates ranging from $0.10 to $0.12. For the next financial year, analysts forecast that the company will post earnings of $0.19 per share, with EPS estimates ranging from $0.13 to $0.23. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that that provide coverage for LivePerson.

LivePerson (NASDAQ:LPSN) last posted its earnings results on Wednesday, August 1st. The technology company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $61.66 million during the quarter, compared to the consensus estimate of $59.46 million. LivePerson had a negative return on equity of 3.34% and a negative net margin of 7.06%. The business’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period last year, the company earned $0.01 earnings per share.

Several equities analysts have commented on LPSN shares. BidaskClub downgraded LivePerson from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 26th. Zacks Investment Research upgraded LivePerson from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research report on Thursday, June 28th. B. Riley increased their target price on LivePerson from $19.25 to $31.00 and gave the company a “buy” rating in a research report on Thursday, August 2nd. LADENBURG THALM/SH SH reiterated a “buy” rating and issued a $24.00 target price on shares of LivePerson in a research report on Wednesday, June 6th. Finally, Needham & Company LLC increased their target price on LivePerson from $20.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, August 2nd. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $25.29.

In other news, EVP Monica L. Greenberg sold 1,466 shares of the firm’s stock in a transaction dated Monday, September 17th. The stock was sold at an average price of $26.55, for a total transaction of $38,922.30. Following the completion of the transaction, the executive vice president now directly owns 39,849 shares in the company, valued at $1,057,990.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert P. Locascio sold 2,567 shares of the firm’s stock in a transaction dated Monday, September 17th. The stock was sold at an average price of $26.55, for a total value of $68,153.85. Following the transaction, the chief executive officer now owns 316,239 shares of the company’s stock, valued at $8,396,145.45. The disclosure for this sale can be found here. Insiders have sold 23,624 shares of company stock valued at $566,860 over the last 90 days. 11.50% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. Northern Trust Corp raised its position in shares of LivePerson by 4.4% during the second quarter. Northern Trust Corp now owns 740,937 shares of the technology company’s stock worth $15,634,000 after acquiring an additional 31,211 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of LivePerson by 15.3% during the second quarter. Bank of New York Mellon Corp now owns 702,631 shares of the technology company’s stock worth $14,826,000 after acquiring an additional 93,049 shares during the last quarter. California Public Employees Retirement System raised its position in shares of LivePerson by 14.5% during the second quarter. California Public Employees Retirement System now owns 109,558 shares of the technology company’s stock worth $2,312,000 after acquiring an additional 13,858 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in shares of LivePerson during the second quarter worth about $156,000. Finally, Intrinsic Edge Capital Management LLC bought a new position in shares of LivePerson during the second quarter worth about $7,385,000. Institutional investors own 78.84% of the company’s stock.

LivePerson stock opened at $25.75 on Friday. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of -429.17 and a beta of 1.09. LivePerson has a 12 month low of $10.80 and a 12 month high of $27.40.

LivePerson Company Profile

LivePerson, Inc engages in the provision of mobile and online messaging solutions. It operates through Business and Consumer segments. The Business segment enables brands to leverage intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.

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