Fluent (FLNT) to Release Earnings on Wednesday

Fluent (NASDAQ:FLNT) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, May 15th. Analysts expect Fluent to post earnings of ($0.06) per share for the quarter.

Fluent (NASDAQ:FLNT) last announced its quarterly earnings data on Thursday, February 29th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.18. Fluent had a negative return on equity of 13.98% and a negative net margin of 22.22%. The company had revenue of $72.76 million for the quarter, compared to analysts’ expectations of $73.98 million. On average, analysts expect Fluent to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Fluent Price Performance

NASDAQ:FLNT opened at $4.21 on Friday. The stock has a market capitalization of $57.51 million, a PE ratio of -0.87 and a beta of 2.37. Fluent has a 1-year low of $2.31 and a 1-year high of $4.78. The firm has a fifty day simple moving average of $3.07 and a 200 day simple moving average of $3.30. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.74.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Fluent in a research note on Friday, May 3rd. They set a “hold” rating on the stock.

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.