Cloudera (CLDR) Posts Earnings Results, Misses Estimates By $0.16 EPS

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Cloudera (NYSE:CLDR) issued its quarterly earnings results on Wednesday. The company reported ($0.41) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.25) by ($0.16), Morningstar.com reports. The company had revenue of $144.50 million during the quarter, compared to analysts’ expectations of $209.29 million. Cloudera had a negative return on equity of 50.68% and a negative net margin of 35.63%. Cloudera’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period last year, the firm posted ($0.10) earnings per share.

NYSE CLDR opened at $12.39 on Thursday. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of -3.84 and a beta of 1.69. Cloudera has a 52 week low of $10.07 and a 52 week high of $22.42.

CLDR has been the topic of a number of research analyst reports. Wells Fargo & Co initiated coverage on shares of Cloudera in a report on Tuesday, January 22nd. They issued an “outperform” rating and a $20.00 price target on the stock. ValuEngine downgraded shares of Cloudera from a “buy” rating to a “hold” rating in a report on Monday, February 4th. Northland Securities initiated coverage on shares of Cloudera in a report on Wednesday, January 9th. They issued an “outperform” rating and a $15.00 price target on the stock. Zacks Investment Research raised shares of Cloudera from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Monday, February 11th. Finally, Barclays initiated coverage on shares of Cloudera in a report on Monday. They issued an “equal weight” rating and a $16.00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $19.50.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Malaga Cove Capital LLC lifted its holdings in Cloudera by 1.7% during the fourth quarter. Malaga Cove Capital LLC now owns 45,289 shares of the company’s stock valued at $497,000 after purchasing an additional 739 shares during the last quarter. IFP Advisors Inc lifted its holdings in Cloudera by 10.7% during the fourth quarter. IFP Advisors Inc now owns 8,000 shares of the company’s stock valued at $87,000 after purchasing an additional 770 shares during the last quarter. QS Investors LLC lifted its holdings in Cloudera by 0.4% during the fourth quarter. QS Investors LLC now owns 188,550 shares of the company’s stock valued at $2,086,000 after purchasing an additional 800 shares during the last quarter. Quantum Capital Management lifted its holdings in Cloudera by 7.1% during the fourth quarter. Quantum Capital Management now owns 16,494 shares of the company’s stock valued at $182,000 after purchasing an additional 1,089 shares during the last quarter. Finally, American International Group Inc. lifted its holdings in Cloudera by 1.7% during the fourth quarter. American International Group Inc. now owns 69,723 shares of the company’s stock valued at $771,000 after purchasing an additional 1,135 shares during the last quarter. 83.05% of the stock is currently owned by institutional investors and hedge funds.

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About Cloudera

Cloudera, Inc provides platform for machine learning and analytics in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. Its platform delivers an integrated suite of capabilities for data management, machine learning, and analytics to customers for transforming their businesses.

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Earnings History for Cloudera (NYSE:CLDR)

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