Brokerages expect Cloudera Inc (NYSE:CLDR) to post $98.33 million in sales for the current quarter, according to Zacks. Three analysts have provided estimates for Cloudera’s earnings, with estimates ranging from $98.00 million to $98.90 million. The business is expected to announce its next quarterly earnings results on Thursday, March 1st.
According to Zacks, analysts expect that Cloudera will report full year sales of $98.33 million for the current financial year, with estimates ranging from $361.99 million to $364.24 million. For the next financial year, analysts anticipate that the business will report sales of $461.52 million per share, with estimates ranging from $444.67 million to $477.46 million. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover Cloudera.
Cloudera (NYSE:CLDR) last announced its quarterly earnings results on Thursday, December 7th. The company reported ($0.39) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.46) by $0.07.
In other news, VP Wayne Kimber sold 100,000 shares of the company’s stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $17.92, for a total value of $1,792,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last ninety days, insiders sold 105,441 shares of company stock worth $1,886,643.
Several institutional investors and hedge funds have recently bought and sold shares of CLDR. BlackRock Inc. grew its holdings in shares of Cloudera by 129.4% in the 4th quarter. BlackRock Inc. now owns 15,956,433 shares of the company’s stock worth $263,600,000 after purchasing an additional 9,001,771 shares during the last quarter. Greylock Xii GP LLC bought a new stake in shares of Cloudera in the 4th quarter worth about $111,425,000. Glynn Capital Management LLC bought a new stake in shares of Cloudera in the 4th quarter worth about $30,703,000. Two Sigma Investments LP bought a new stake in shares of Cloudera in the 4th quarter worth about $21,473,000. Finally, Cortina Asset Management LLC grew its holdings in shares of Cloudera by 214.3% in the 4th quarter. Cortina Asset Management LLC now owns 1,031,641 shares of the company’s stock worth $17,043,000 after purchasing an additional 703,457 shares during the last quarter. 37.50% of the stock is currently owned by institutional investors and hedge funds.
Shares of Cloudera (NYSE CLDR) traded down $0.16 during trading on Thursday, reaching $17.82. 628,394 shares of the company’s stock traded hands, compared to its average volume of 1,004,992. Cloudera has a 12-month low of $14.50 and a 12-month high of $23.35.
TRADEMARK VIOLATION WARNING: “Analysts Anticipate Cloudera Inc (CLDR) Will Announce Quarterly Sales of $98.33 Million” was originally posted by Community Financial News and is owned by of Community Financial News. If you are reading this report on another site, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.com-unik.info/2018/02/18/analysts-anticipate-cloudera-inc-cldr-will-announce-quarterly-sales-of-98-33-million.html.
Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Cloudera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloudera and related companies with MarketBeat.com's FREE daily email newsletter.