-$0.18 Earnings Per Share Expected for Cloudera Inc (CLDR) This Quarter

Equities analysts expect that Cloudera Inc (NYSE:CLDR) will post earnings per share (EPS) of ($0.18) for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Cloudera’s earnings, with the lowest EPS estimate coming in at ($0.19) and the highest estimate coming in at ($0.17). Cloudera posted earnings per share of ($0.27) in the same quarter last year, which suggests a positive year over year growth rate of 33.3%. The company is scheduled to issue its next earnings results on Thursday, June 14th.

On average, analysts expect that Cloudera will report full year earnings of ($0.60) per share for the current year, with EPS estimates ranging from ($0.61) to ($0.56). For the next year, analysts expect that the firm will report earnings of ($0.44) per share, with EPS estimates ranging from ($0.53) to ($0.37). Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Cloudera.

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Cloudera (NYSE:CLDR) last posted its quarterly earnings data on Tuesday, April 3rd. The company reported ($0.10) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.22) by $0.12. Cloudera had a negative return on equity of 154.35% and a negative net margin of 104.99%. The company had revenue of $103.50 million during the quarter, compared to analyst estimates of $98.63 million. Cloudera’s revenue for the quarter was up 42.2% on a year-over-year basis.

Several research firms have commented on CLDR. Morgan Stanley lowered Cloudera from a “hold” rating to a “neutral” rating in a research note on Thursday. Bank of America cut their price objective on Cloudera from $23.00 to $16.00 and set a “neutral” rating for the company in a research note on Thursday. DA Davidson set a $18.00 price objective on Cloudera and gave the stock a “hold” rating in a research note on Thursday. Needham & Company LLC cut their price objective on Cloudera from $26.00 to $22.00 and set a “positive” rating for the company in a research note on Wednesday. Finally, Mizuho cut their price objective on Cloudera from $24.00 to $23.00 and set a “buy” rating for the company in a research note on Wednesday. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Cloudera presently has a consensus rating of “Hold” and an average target price of $21.20.

In other news, VP Wayne Kimber sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $17.92, for a total transaction of $1,792,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Several institutional investors have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Cloudera by 27.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 26,750 shares of the company’s stock worth $442,000 after purchasing an additional 5,750 shares during the last quarter. Sterling Capital Management LLC acquired a new position in Cloudera in the fourth quarter valued at approximately $1,052,000. MetLife Investment Advisors LLC acquired a new position in Cloudera in the fourth quarter valued at approximately $737,000. Park West Asset Management LLC acquired a new position in Cloudera in the fourth quarter valued at approximately $4,956,000. Finally, Metropolitan Life Insurance Co. NY lifted its holdings in Cloudera by 138.2% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 30,666 shares of the company’s stock valued at $507,000 after acquiring an additional 17,794 shares during the last quarter. Institutional investors and hedge funds own 74.74% of the company’s stock.

NYSE:CLDR opened at $12.98 on Thursday. Cloudera has a 12 month low of $12.90 and a 12 month high of $23.35. The company has a market cap of $1,833.20 and a price-to-earnings ratio of -4.02.

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Cloudera Company Profile

Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.

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Earnings History and Estimates for Cloudera (NYSE:CLDR)

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