Analysts Expect LivePerson, Inc. (NASDAQ:LPSN) Will Post Earnings of -$0.11 Per Share

Equities research analysts expect that LivePerson, Inc. (NASDAQ:LPSN) will announce earnings of ($0.11) per share for the current quarter, Zacks reports. Eight analysts have issued estimates for LivePerson’s earnings. The lowest EPS estimate is ($0.14) and the highest is ($0.08). LivePerson posted earnings per share of ($0.20) in the same quarter last year, which would suggest a positive year-over-year growth rate of 45%. The business is expected to issue its next earnings results on Wednesday, July 29th.

According to Zacks, analysts expect that LivePerson will report full-year earnings of ($0.46) per share for the current financial year, with EPS estimates ranging from ($0.51) to ($0.42). For the next year, analysts anticipate that the company will report earnings of ($0.19) per share, with EPS estimates ranging from ($0.29) to ($0.06). Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that that provide coverage for LivePerson.

LivePerson (NASDAQ:LPSN) last issued its earnings results on Tuesday, May 5th. The technology company reported ($0.41) earnings per share for the quarter, topping the consensus estimate of ($0.42) by $0.01. LivePerson had a negative net margin of 37.65% and a negative return on equity of 57.59%. The company had revenue of $78.09 million for the quarter, compared to analyst estimates of $77.08 million.

Several equities analysts recently issued reports on LPSN shares. ValuEngine cut LivePerson from a “strong-buy” rating to a “buy” rating in a report on Tuesday, April 21st. Mizuho lifted their price target on LivePerson from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. B. Riley increased their price objective on shares of LivePerson from $36.00 to $43.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Northland Securities lifted their target price on shares of LivePerson from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 17th. Finally, Zacks Investment Research raised shares of LivePerson from a “hold” rating to a “strong-buy” rating and set a $38.00 price target on the stock in a report on Tuesday, May 12th. Two equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $40.85.

Shares of NASDAQ:LPSN traded up $0.72 during trading on Friday, hitting $41.50. 1,677,582 shares of the stock were exchanged, compared to its average volume of 914,135. The company has a market cap of $2.70 billion, a PE ratio of -23.18 and a beta of 1.25. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.32. The company has a fifty day moving average price of $36.08 and a two-hundred day moving average price of $32.42. LivePerson has a 12-month low of $14.08 and a 12-month high of $45.21.

In other LivePerson news, Director Fred Mossler sold 7,102 shares of LivePerson stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $36.75, for a total value of $260,998.50. Following the transaction, the director now owns 35,000 shares in the company, valued at approximately $1,286,250. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Monica L. Greenberg sold 30,000 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $35.00, for a total transaction of $1,050,000.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 79,149 shares of company stock worth $2,892,762. Corporate insiders own 10.70% of the company’s stock.

A number of institutional investors have recently modified their holdings of LPSN. Mutual of America Capital Management LLC increased its stake in LivePerson by 1.4% during the fourth quarter. Mutual of America Capital Management LLC now owns 129,321 shares of the technology company’s stock worth $4,785,000 after acquiring an additional 1,794 shares during the last quarter. AlphaCrest Capital Management LLC acquired a new position in LivePerson during the fourth quarter valued at approximately $440,000. Great West Life Assurance Co. Can acquired a new position in LivePerson during the fourth quarter valued at approximately $2,779,000. NEXT Financial Group Inc purchased a new stake in LivePerson during the first quarter worth approximately $52,000. Finally, Alliancebernstein L.P. increased its position in shares of LivePerson by 13.5% in the fourth quarter. Alliancebernstein L.P. now owns 121,030 shares of the technology company’s stock worth $4,478,000 after acquiring an additional 14,380 shares in the last quarter. Hedge funds and other institutional investors own 91.59% of the company’s stock.

About LivePerson

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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