Talend (NASDAQ:TLND) Updates Q4 Earnings Guidance

Talend (NASDAQ:TLND) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of ($0.22)-($0.19) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.19). The company issued revenue guidance of $65.4-66.4 million, compared to the consensus revenue estimate of $66.38 million.Talend also updated its FY19 guidance to ($0.83)-($0.80) EPS.

NASDAQ:TLND traded up $0.22 during trading on Friday, reaching $35.10. The company’s stock had a trading volume of 271,000 shares, compared to its average volume of 330,735. The firm has a 50 day moving average of $35.45 and a 200-day moving average of $39.69. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of -28.77 and a beta of -0.15. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.59 and a current ratio of 0.59. Talend has a 12 month low of $31.14 and a 12 month high of $53.09.

Talend (NASDAQ:TLND) last issued its quarterly earnings data on Wednesday, November 6th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.16. Talend had a negative return on equity of 249.51% and a negative net margin of 25.39%. The business had revenue of $62.63 million for the quarter, compared to analysts’ expectations of $62.14 million. During the same quarter in the prior year, the firm posted ($0.09) EPS. The firm’s quarterly revenue was up 20.3% on a year-over-year basis. Equities research analysts forecast that Talend will post -1.51 earnings per share for the current fiscal year.

Several research firms have weighed in on TLND. William Blair reaffirmed an outperform rating on shares of Talend in a report on Thursday. ValuEngine cut Talend from a strong-buy rating to a buy rating in a report on Thursday, October 24th. Citigroup set a $52.00 price target on Talend and gave the company a buy rating in a report on Friday, July 26th. Barclays set a $56.00 price target on Talend and gave the company a buy rating in a report on Friday, November 1st. Finally, BidaskClub raised Talend from a strong sell rating to a sell rating in a report on Saturday, November 2nd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $53.43.

In other news, COO Laurent Bride sold 1,385 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $39.30, for a total transaction of $54,430.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 4.30% of the stock is currently owned by corporate insiders.

About Talend

Talend SA provides software platform to address IT integration needs in various industries in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.

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Earnings History and Estimates for Talend (NASDAQ:TLND)

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