Imperial Capital Equities Analysts Lift Earnings Estimates for Absolute Software Corporation (ALSWF)
Absolute Software Corporation (OTCMKTS:ALSWF) – Investment analysts at Imperial Capital lifted their Q3 2018 earnings estimates for shares of Absolute Software Corporation in a report issued on Tuesday. Imperial Capital analyst M. Kim now expects that the industrial products company will post earnings per share of $0.02 for the quarter, up from their prior forecast of $0.01. Imperial Capital also issued estimates for Absolute Software Corporation’s Q4 2018 earnings at $0.03 EPS, FY2018 earnings at $0.05 EPS and FY2019 earnings at $0.07 EPS.
Absolute Software Corporation (OTCMKTS:ALSWF) last posted its quarterly earnings results on Thursday, August 17th. The industrial products company reported ($0.05) EPS for the quarter. The firm had revenue of $23.18 million for the quarter, compared to analyst estimates of $23.91 million.
Several other brokerages also recently weighed in on ALSWF. Zacks Investment Research upgraded shares of Absolute Software Corporation from a “hold” rating to a “buy” rating and set a $6.50 price objective on the stock in a research report on Wednesday, August 30th. Canaccord Genuity downgraded shares of Absolute Software Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 18th.
Absolute Software Corporation (OTCMKTS ALSWF) opened at $5.44 on Friday. Absolute Software Corporation has a fifty-two week low of $4.42 and a fifty-two week high of $6.97.
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