Fluent (FLNT) Projected to Post Earnings on Thursday

Fluent (NASDAQ:FLNT) is anticipated to release its earnings data before the market opens on Thursday, April 17th. Analysts expect Fluent to post earnings of ($0.38) per share for the quarter.

Fluent (NASDAQ:FLNT) last announced its quarterly earnings data on Friday, February 28th. The company reported ($0.21) EPS for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.09. Fluent had a negative net margin of 10.59% and a negative return on equity of 64.75%. The business had revenue of $65.41 million during the quarter, compared to analyst estimates of $68.06 million. On average, analysts expect Fluent to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Fluent Stock Down 2.0 %

FLNT stock opened at $2.26 on Friday. The business’s 50-day simple moving average is $2.49 and its 200 day simple moving average is $2.75. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.27. Fluent has a twelve month low of $2.01 and a twelve month high of $4.30. The company has a market cap of $46.55 million, a PE ratio of -1.25 and a beta of 2.13.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on FLNT shares. StockNews.com began coverage on shares of Fluent in a research note on Tuesday. They set a “hold” rating on the stock. Canaccord Genuity Group set a $3.50 target price on Fluent and gave the stock a “hold” rating in a research report on Friday, February 28th.

Fluent Company Profile

Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.