Global Eagle Entertainment (NASDAQ:ENT) Releases Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Global Eagle Entertainment (NASDAQ:ENT) posted its quarterly earnings results on Thursday. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.05), Fidelity Earnings reports.

Shares of NASDAQ ENT remained flat at $$0.15 during trading on Thursday. 2,630,034 shares of the company’s stock traded hands, compared to its average volume of 1,261,703. The stock has a market cap of $16.65 million, a P/E ratio of -0.06 and a beta of 1.47. Global Eagle Entertainment has a 52 week low of $0.06 and a 52 week high of $1.34. The stock has a 50-day moving average price of $0.33 and a two-hundred day moving average price of $0.52.

Several research analysts recently commented on ENT shares. Zacks Investment Research upgraded shares of Global Eagle Entertainment from a “sell” rating to a “hold” rating in a research note on Monday. ValuEngine cut shares of Global Eagle Entertainment from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th.

Global Eagle Entertainment Company Profile

Global Eagle Entertainment Inc provides media and satellite-based connectivity to enterprise, consumer, and government markets worldwide. The company operates through two segments, Media & Content and Connectivity. The Media & Content buys, produces, manages, distributes, and provides post-production services and wholly-owned and licensed media content, video and music programming, advertising, applications, and video games for and to the airline, maritime, and other away from home non-theatrical markets.

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Earnings History for Global Eagle Entertainment (NASDAQ:ENT)

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