Fluent (FLNT) Expected to Announce Quarterly Earnings on Thursday

Fluent (NASDAQ:FLNT) is projected to release its earnings data before the market opens on Thursday, April 17th. Analysts expect Fluent to post earnings of ($0.38) per share and revenue of $57.29 million for the quarter.

Fluent (NASDAQ:FLNT) last released its quarterly earnings data on Friday, February 28th. The company reported ($0.21) EPS for the quarter, topping the consensus estimate of ($0.30) by $0.09. The firm had revenue of $65.41 million for the quarter, compared to the consensus estimate of $68.06 million. Fluent had a negative return on equity of 64.75% and a negative net margin of 10.59%. On average, analysts expect Fluent to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Fluent Price Performance

Shares of Fluent stock opened at $2.15 on Wednesday. The stock has a market capitalization of $44.38 million, a P/E ratio of -1.19 and a beta of 2.13. Fluent has a one year low of $2.01 and a one year high of $4.30. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.94 and a quick ratio of 0.94. The business’s 50 day simple moving average is $2.46 and its two-hundred day simple moving average is $2.73.

Analyst Ratings Changes

Several research firms recently weighed in on FLNT. StockNews.com began coverage on Fluent in a research report on Wednesday. They set a “hold” rating on the stock. Canaccord Genuity Group set a $3.50 price target on Fluent and gave the stock a “hold” rating in a research report on Friday, February 28th.

About Fluent

Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.