Telos (TLS) Scheduled to Post Quarterly Earnings on Friday

Telos (NASDAQ:TLS) is scheduled to be announcing its earnings results before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of ($0.11) per share for the quarter. Telos has set its Q1 2024 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.

Telos (NASDAQ:TLS) last released its earnings results on Friday, March 15th. The company reported ($0.12) earnings per share for the quarter, meeting the consensus estimate of ($0.12). Telos had a negative net margin of 23.68% and a negative return on equity of 24.23%. The business had revenue of $41.06 million during the quarter, compared to analysts’ expectations of $31.97 million. During the same quarter last year, the company earned ($0.18) earnings per share. On average, analysts expect Telos to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Telos Stock Down 0.5 %

NASDAQ TLS opened at $3.67 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.54 and a current ratio of 3.57. The firm has a 50-day simple moving average of $3.75 and a 200 day simple moving average of $3.78. Telos has a twelve month low of $1.74 and a twelve month high of $5.00. The stock has a market cap of $269.05 million, a PE ratio of -7.34 and a beta of 0.90.

Analysts Set New Price Targets

A number of brokerages have commented on TLS. B. Riley raised their price target on shares of Telos from $4.50 to $5.50 and gave the stock a “buy” rating in a research note on Monday, March 18th. BMO Capital Markets raised their price target on shares of Telos from $3.50 to $4.50 and gave the stock a “market perform” rating in a research note on Monday, March 18th. Finally, DA Davidson raised their price target on shares of Telos from $3.25 to $3.50 and gave the stock a “neutral” rating in a research note on Monday, March 18th.

Telos Company Profile

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.