LiveRamp (RAMP) Releases Earnings Results, Beats Estimates By $0.17 EPS

Posted by Ethan Ryder on Feb 12th, 2019 // No Comments

LiveRamp logo LiveRamp (NASDAQ:RAMP) issued its earnings results on Monday. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.17, MarketWatch Earnings reports. LiveRamp updated its FY 2019 guidance to EPS.

Shares of RAMP opened at $44.08 on Tuesday. LiveRamp has a 12-month low of $18.60 and a 12-month high of $51.51.

A number of equities analysts recently issued reports on the company. Zacks Investment Research upgraded LiveRamp from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 1st. TheStreet cut LiveRamp from a “b-” rating to a “c+” rating in a report on Wednesday, October 17th. Wells Fargo & Co assumed coverage on LiveRamp in a report on Friday, December 21st. They issued an “outperform” rating and a $60.00 target price on the stock. Finally, Macquarie assumed coverage on LiveRamp in a report on Thursday, November 15th. They issued an “outperform” rating and a $60.00 target price on the stock.

In related news, insider Jerry C. Jones sold 21,657 shares of the stock in a transaction on Wednesday, December 19th. The stock was sold at an average price of $43.56, for a total value of $943,378.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William J. Henderson sold 7,110 shares of the stock in a transaction on Thursday, November 29th. The shares were sold at an average price of $46.86, for a total value of $333,174.60. The disclosure for this sale can be found here.

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About LiveRamp

LiveRamp Holdings, Inc provides identity and data connectivity for powering exceptional customer experiences. The company offers IdentityLink, an identity resolution platform that connects people, data, and devices across the physical and digital world, powering privacy-compliant, people-based marketing that allows consumers to better connect with the brands and products they love.

Earnings History for LiveRamp (NASDAQ:RAMP)

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