Care.com (NYSE:CRCM) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided EPS guidance of $0.73-0.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.77. The company issued revenue guidance of $217-221 million, compared to the consensus revenue estimate of $218.95 million.Care.com also updated its FY19 guidance to $0.73-0.78 EPS.
Shares of Care.com stock opened at $22.80 on Friday. The stock has a market capitalization of $801.60 million, a P/E ratio of 84.44, a P/E/G ratio of 5.80 and a beta of 1.09. Care.com has a twelve month low of $15.14 and a twelve month high of $25.81.
Care.com (NYSE:CRCM) last issued its quarterly earnings results on Thursday, March 7th. The information services provider reported $0.26 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.05. Care.com had a net margin of 6.58% and a return on equity of 13.15%. The firm had revenue of $49.80 million for the quarter, compared to analyst estimates of $49.95 million. During the same period last year, the company posted $0.32 EPS. Care.com’s quarterly revenue was up 12.7% compared to the same quarter last year. As a group, equities analysts anticipate that Care.com will post 0.26 earnings per share for the current fiscal year.
In other Care.com news, General Counsel Diane Musi sold 3,221 shares of the firm’s stock in a transaction that occurred on Tuesday, December 11th. The shares were sold at an average price of $16.85, for a total value of $54,273.85. Following the completion of the transaction, the general counsel now owns 25,331 shares of the company’s stock, valued at approximately $426,827.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Michael Echenberg sold 6,615 shares of the firm’s stock in a transaction that occurred on Tuesday, December 11th. The shares were sold at an average price of $16.85, for a total transaction of $111,462.75. Following the completion of the transaction, the chief financial officer now directly owns 36,205 shares of the company’s stock, valued at approximately $610,054.25. The disclosure for this sale can be found here. Insiders sold a total of 164,094 shares of company stock valued at $3,241,316 in the last three months. 30.90% of the stock is currently owned by corporate insiders.
Care.com, Inc operates an online marketplace for finding and managing family care in the United States and internationally. The company helps families to address their lifecycle of care needs, including child care, senior care, and special needs care, as well as other non-medical family care needs, such as pet care, tutoring, and housekeeping; and enables caregivers to find full-time and part-time employment opportunities.
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