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Course of Action
Sentiment (10 days)
- Strong Buy
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DAILY PRICE CHANGE VS SENTIMENT
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Disclaimer: Past performance may not be indicative of future results. Systematic investing, like other investment methods, rely on favorable market conditions to provide positive outcomes.
AKAMAI TECHNOLOGIES, INC. (AKAM) News
Akamai Technologies, Inc. to Post FY2018 Earnings of $1.88 Per Share, KeyCorp Forecasts (AKAM)
January 24, 2018
Akamai Technologies, Inc. (NASDAQ:AKAM) – Analysts at KeyCorp lifted their FY2018 EPS estimates for Akamai Technologies in a research note issued to investors on Wednesday, Zacks Investment Research reports. KeyCorp analyst B. Nispel now anticipates that the technology infrastructure company will post earnings per share of $1.88 for the year, up from their previous forecast of $1.86. KeyCorp currently has a “Underweight” rating and a $51.00 price target on the stock.
Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results on Tuesday, October 24th. The technology infrastructure company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. Akamai Technologies had a return on equity of 10.28% and a net margin of 11.84%. The business had revenue of $621.00 million for the quarter, compared to analyst estimates of $610.66 million. During the same quarter in the prior year, the firm posted $0.68 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year.Get Started today! - Risk Free