Information Services Group (III) Set to Announce Earnings on Thursday

Information Services Group (NASDAQ:III) will be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Information Services Group (NASDAQ:III) last released its quarterly earnings results on Monday, August 5th. The business services provider reported $0.06 EPS for the quarter, topping the consensus estimate of $0.02 by $0.04. Information Services Group had a positive return on equity of 7.48% and a negative net margin of 0.38%. The business had revenue of $64.26 million during the quarter, compared to analyst estimates of $65.51 million. On average, analysts expect Information Services Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Information Services Group Trading Up 1.0 %

III opened at $3.14 on Thursday. Information Services Group has a 52 week low of $2.92 and a 52 week high of $4.98. The business has a fifty day simple moving average of $3.23 and a 200-day simple moving average of $3.24. The firm has a market cap of $152.81 million, a P/E ratio of -157.00, a P/E/G ratio of 2.49 and a beta of 0.95. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.78.

Information Services Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 6th were given a dividend of $0.045 per share. The ex-dividend date was Friday, September 6th. This represents a $0.18 annualized dividend and a dividend yield of 5.73%. Information Services Group’s dividend payout ratio is currently -900.00%.

Wall Street Analysts Forecast Growth

III has been the subject of several research analyst reports. Barrington Research restated an “outperform” rating and set a $3.50 price target on shares of Information Services Group in a research report on Wednesday. Singular Research upgraded Information Services Group to a “moderate buy” rating in a research report on Wednesday, August 28th.

About Information Services Group

Information Services Group, Inc, together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.