Fluent (FLNT) Projected to Post Earnings on Thursday

Fluent (NASDAQ:FLNT) is expected to be releasing its earnings data after the market closes on Thursday, May 15th. Analysts expect Fluent to post earnings of ($0.38) per share and revenue of $57.29 million for the quarter.

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

Fluent Trading Down 0.4%

Fluent stock opened at $2.41 on Wednesday. The firm has a 50 day simple moving average of $2.30 and a 200-day simple moving average of $2.64. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $49.75 million, a PE ratio of -1.34 and a beta of 1.68. Fluent has a 12-month low of $2.01 and a 12-month high of $4.24.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on FLNT. Canaccord Genuity Group set a $3.50 price objective on shares of Fluent and gave the company a “hold” rating in a report on Friday, February 28th. StockNews.com started coverage on shares of Fluent in a research note on Saturday. They set a “hold” rating for the company.

About Fluent

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.