-$0.07 Earnings Per Share Expected for LivePerson, Inc. (NASDAQ:LPSN) This Quarter

Equities analysts forecast that LivePerson, Inc. (NASDAQ:LPSN) will post earnings of ($0.07) per share for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for LivePerson’s earnings, with the highest EPS estimate coming in at ($0.05) and the lowest estimate coming in at ($0.10). LivePerson posted earnings per share of $0.02 during the same quarter last year, which indicates a negative year over year growth rate of 450%. The firm is expected to announce its next earnings results on Thursday, November 14th.

On average, analysts expect that LivePerson will report full-year earnings of ($0.32) per share for the current year, with EPS estimates ranging from ($0.38) to ($0.28). For the next financial year, analysts anticipate that the firm will post earnings of ($0.07) per share, with EPS estimates ranging from ($0.18) to $0.12. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow LivePerson.

LivePerson (NASDAQ:LPSN) last issued its earnings results on Wednesday, July 31st. The technology company reported ($0.32) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.21) by ($0.11). The firm had revenue of $71.00 million during the quarter, compared to analysts’ expectations of $70.16 million. LivePerson had a negative return on equity of 22.65% and a negative net margin of 21.09%. The business’s revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the business earned $0.01 EPS.

A number of equities analysts have weighed in on the company. Jefferies Financial Group lifted their price objective on LivePerson to $45.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Craig Hallum lifted their price objective on LivePerson from $34.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Zacks Investment Research upgraded LivePerson from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Northland Securities set a $45.00 price objective on LivePerson and gave the company a “buy” rating in a research note on Wednesday, September 18th. Finally, Benchmark reiterated a “buy” rating and set a $40.00 price objective (up previously from $34.00) on shares of LivePerson in a research note on Wednesday, July 31st. Two analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. LivePerson currently has an average rating of “Buy” and an average target price of $38.04.

In other news, EVP Monica L. Greenberg sold 2,284 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $37.19, for a total transaction of $84,941.96. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Kevin Lavan sold 15,000 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $32.40, for a total value of $486,000.00. Following the sale, the director now owns 21,000 shares in the company, valued at $680,400. The disclosure for this sale can be found here. Insiders have sold a total of 17,390 shares of company stock worth $574,423 over the last 90 days. Insiders own 9.70% of the company’s stock.

Large investors have recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. grew its position in shares of LivePerson by 269.0% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,048 shares of the technology company’s stock valued at $29,000 after acquiring an additional 764 shares during the period. US Bancorp DE grew its position in shares of LivePerson by 111.2% during the 2nd quarter. US Bancorp DE now owns 2,203 shares of the technology company’s stock valued at $62,000 after acquiring an additional 1,160 shares during the period. NumerixS Investment Technologies Inc acquired a new stake in LivePerson in the 2nd quarter worth about $101,000. V Wealth Advisors LLC acquired a new stake in LivePerson in the 2nd quarter worth about $213,000. Finally, Ardsley Advisory Partners LP acquired a new stake in LivePerson in the 2nd quarter worth about $224,000. Hedge funds and other institutional investors own 87.72% of the company’s stock.

Shares of NASDAQ LPSN traded up $0.97 during trading on Friday, reaching $38.64. 408,527 shares of the company traded hands, compared to its average volume of 569,564. The firm’s fifty day simple moving average is $37.91 and its 200 day simple moving average is $32.09. The stock has a market cap of $2.53 billion, a P/E ratio of -168.00 and a beta of 1.03. LivePerson has a 12-month low of $16.98 and a 12-month high of $41.00. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 1.06.

LivePerson Company Profile

LivePerson, Inc provides conversational commerce solutions. The company operates in two segments, Business and Consumer. The Business segment enables brands to leverage LiveEngage's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.

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Earnings History and Estimates for LivePerson (NASDAQ:LPSN)

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