Analysts Expect Jianpu Technology Inc – (NYSE:JT) to Post -$0.05 EPS
Equities research analysts forecast that Jianpu Technology Inc – (NYSE:JT) will post earnings per share (EPS) of ($0.05) for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Jianpu Technology’s earnings. Jianpu Technology posted earnings per share of $0.03 in the same quarter last year, which would suggest a negative year over year growth rate of 266.7%. The company is expected to report its next earnings results on Tuesday, June 30th.
According to Zacks, analysts expect that Jianpu Technology will report full year earnings of ($0.13) per share for the current fiscal year. For the next year, analysts anticipate that the business will post earnings of ($0.07) per share. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that follow Jianpu Technology.
Separately, Zacks Investment Research downgraded shares of Jianpu Technology from a “buy” rating to a “hold” rating in a report on Friday, May 29th.
Shares of JT traded down $0.05 on Monday, reaching $0.69. The company’s stock had a trading volume of 132,600 shares, compared to its average volume of 165,424. The stock has a market capitalization of $116.98 million, a P/E ratio of -2.31 and a beta of 1.05. The stock’s 50 day simple moving average is $0.78 and its two-hundred day simple moving average is $1.05. Jianpu Technology has a 12-month low of $0.60 and a 12-month high of $4.13.
Jianpu Technology Company Profile
Jianpu Technology Inc operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China. Its platform allows users to access to financial products, including consumer and other loans, credit cards, and wealth management products.
Further Reading: Why is cost of goods sold important?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Jianpu Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jianpu Technology and related companies with MarketBeat.com's FREE daily email newsletter.