Xero (OTCMKTS:XROLF – Get Free Report) is anticipated to post its results before the market opens on Thursday, November 12th. Analysts expect the company to announce earnings of $0.2004 per share and revenue of $972.50 million for the quarter.
Xero Price Performance
Shares of XROLF opened at $47.30 on Tuesday. The company has a 50 day moving average price of $45.69 and a 200-day moving average price of $52.39. Xero has a fifty-two week low of $38.85 and a fifty-two week high of $83.08.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada cut Xero from an “outperform” rating to a “sector perform” rating in a research note on Monday, July 27th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, Xero has a consensus rating of “Hold”.
View Our Latest Analysis on Xero
About Xero
Xero Limited is a New Zealand technology company that provides cloud-based accounting and business-management software, primarily for small businesses and the accountants and bookkeepers who support them. Founded in Wellington in 2006 by Rod Drury, the company has grown from a New Zealand software provider into an international business.
Xero’s platform helps customers manage tasks such as invoicing, bank reconciliation, expense tracking, payroll, payments and financial reporting. It also connects with a range of third-party business applications, allowing customers to tailor the software to their needs.
The company serves customers in markets including New Zealand, Australia, the United Kingdom, the United States and Canada, as well as other regions.
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