Cormark Research Analysts Decrease Earnings Estimates for Tucows Inc. (TSE:TC)

Tucows Inc. (TSE:TC) (NYSE:TCX) – Equities research analysts at Cormark lowered their Q3 2017 earnings per share (EPS) estimates for shares of Tucows in a research note issued to investors on Wednesday. Cormark analyst H. Mak now anticipates that the company will post earnings of $0.64 per share for the quarter, down from their prior estimate of $0.73. Cormark also issued estimates for Tucows’ Q4 2017 earnings at $0.69 EPS, Q1 2018 earnings at $0.71 EPS, Q2 2018 earnings at $0.81 EPS and FY2018 earnings at $3.20 EPS.

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Shares of Tucows (TC) opened at 68.00 on Friday. The company’s 50-day moving average price is $70.84 and its 200-day moving average price is $71.29. The firm has a market cap of $717.60 million and a P/E ratio of 47.92. Tucows has a 12 month low of $33.78 and a 12 month high of $86.33.

In other Tucows news, Director Rawleigh Hazen Ralls sold 4,200 shares of the company’s stock in a transaction dated Tuesday, June 27th. The shares were sold at an average price of C$56.85, for a total transaction of C$238,770.00. Also, Director Allen Karp sold 1,900 shares of the company’s stock in a transaction dated Thursday, June 22nd. The shares were sold at an average price of C$59.92, for a total transaction of C$113,848.00. Insiders have sold a total of 71,725 shares of company stock valued at $4,216,234 over the last 90 days.

Tucows Company Profile

Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in the United States, Canada, and Germany. It operates in two segments, Network Access Services and Domain Services. The Network Access Services segment offers mobile and fixed high-speed Internet access services under the Ting brand, and Internet hosting and network consulting services.

Earnings History and Estimates for Tucows (TSE:TC)

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