Wall Street brokerages expect InterXion Holding NV (NYSE:INXN) to post earnings per share of $0.16 for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for InterXion’s earnings, with the lowest EPS estimate coming in at $0.11 and the highest estimate coming in at $0.18. InterXion posted earnings per share of $0.15 in the same quarter last year, which would suggest a positive year over year growth rate of 6.7%. The company is scheduled to report its next quarterly earnings report on Thursday, August 1st.

According to Zacks, analysts expect that InterXion will report full year earnings of $0.63 per share for the current financial year, with EPS estimates ranging from $0.47 to $0.71. For the next year, analysts anticipate that the firm will report earnings of $0.79 per share, with EPS estimates ranging from $0.59 to $0.92. Zacks’ EPS calculations are an average based on a survey of research firms that that provide coverage for InterXion.

InterXion (NYSE:INXN) last posted its quarterly earnings results on Thursday, May 9th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.04). The firm had revenue of $151.53 million for the quarter, compared to analyst estimates of $151.09 million. InterXion had a return on equity of 5.60% and a net margin of 4.77%. The business’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.17 EPS.

A number of brokerages have weighed in on INXN. ValuEngine upgraded shares of InterXion from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 3rd. Citigroup raised their target price on shares of InterXion from $76.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, May 16th. CIBC restated a “market perform” rating on shares of InterXion in a research report on Friday, May 10th. Oppenheimer lowered shares of InterXion from an “outperform” rating to a “market perform” rating in a research report on Friday, May 10th. Finally, Zacks Investment Research lowered shares of InterXion from a “hold” rating to a “sell” rating in a research report on Friday, March 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $80.60.

Hedge funds have recently added to or reduced their stakes in the company. Enlightenment Research LLC bought a new position in shares of InterXion during the fourth quarter valued at $32,000. Tortoise Index Solutions LLC purchased a new position in InterXion during the first quarter worth about $33,000. Resources Investment Advisors Inc. purchased a new position in InterXion during the fourth quarter worth about $34,000. NumerixS Investment Technologies Inc purchased a new position in InterXion during the fourth quarter worth about $191,000. Finally, AlphaCrest Capital Management LLC purchased a new position in InterXion during the fourth quarter worth about $200,000. 95.85% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE INXN traded down $0.44 during trading hours on Tuesday, hitting $75.10. 255,915 shares of the stock were exchanged, compared to its average volume of 523,156. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 2.56. The firm has a market cap of $5.40 billion, a P/E ratio of 113.79, a PEG ratio of 8.49 and a beta of 0.97. The firm has a fifty day moving average of $73.22. InterXion has a 1-year low of $50.05 and a 1-year high of $76.86.

InterXion Company Profile

InterXion Holding N.V. provides carrier and cloud-neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, Austria, Belgium, Denmark, Ireland, Spain, Sweden, and Switzerland. The company enables its customers to connect to a range of telecommunications carriers, cloud platforms, Internet service providers, and other customers.

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Earnings History and Estimates for InterXion (NYSE:INXN)

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