Zacks: Brokerages Anticipate Tenable Holdings Inc (TENB) to Announce -$0.18 Earnings Per Share
Equities analysts expect Tenable Holdings Inc (NASDAQ:TENB) to announce earnings of ($0.18) per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for Tenable’s earnings. The highest EPS estimate is ($0.18) and the lowest is ($0.19). The company is expected to issue its next earnings report on Tuesday, May 7th.
On average, analysts expect that Tenable will report full year earnings of ($0.60) per share for the current fiscal year, with EPS estimates ranging from ($0.61) to ($0.59). For the next fiscal year, analysts anticipate that the company will report earnings of ($0.50) per share, with EPS estimates ranging from ($0.59) to ($0.40). Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Tenable.
Tenable (NASDAQ:TENB) last announced its quarterly earnings data on Tuesday, February 5th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.02. The business had revenue of $75.22 million during the quarter, compared to the consensus estimate of $72.59 million. The firm’s revenue for the quarter was up 39.0% compared to the same quarter last year. During the same quarter last year, the company earned ($0.12) EPS.
A number of hedge funds and other institutional investors have recently made changes to their positions in TENB. JPMorgan Chase & Co. bought a new position in shares of Tenable during the 3rd quarter valued at about $113,000. Point72 Asset Management L.P. bought a new position in shares of Tenable during the 3rd quarter valued at about $138,000. Strs Ohio bought a new position in Tenable during the 3rd quarter worth approximately $139,000. Partner Investment Management L.P. bought a new position in Tenable during the 3rd quarter worth approximately $145,000. Finally, Keybank National Association OH bought a new position in Tenable during the 3rd quarter worth approximately $307,000. Institutional investors and hedge funds own 44.69% of the company’s stock.
NASDAQ:TENB traded up $0.98 during trading on Monday, reaching $27.98. The company’s stock had a trading volume of 1,495,083 shares, compared to its average volume of 545,993. The company has a market capitalization of $2.51 billion and a PE ratio of -20.57. Tenable has a 12 month low of $20.00 and a 12 month high of $39.38.
Tenable Company Profile
Tenable Holdings, Inc provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate technical data into business insights to understand and reduce their cybersecurity risk.
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