Wall Street brokerages predict that Tableau Software Inc (NYSE:DATA) will report ($0.18) earnings per share (EPS) for the current fiscal quarter, Zacks reports. Ten analysts have provided estimates for Tableau Software’s earnings, with the lowest EPS estimate coming in at ($0.23) and the highest estimate coming in at ($0.11). Tableau Software reported earnings per share of ($0.03) in the same quarter last year, which would suggest a negative year over year growth rate of 500%. The business is scheduled to report its next quarterly earnings results on Wednesday, May 2nd.
On average, analysts expect that Tableau Software will report full year earnings of $0.11 per share for the current year, with EPS estimates ranging from ($0.05) to $0.19. For the next year, analysts forecast that the firm will post earnings of $0.42 per share, with EPS estimates ranging from $0.09 to $0.74. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Tableau Software.
Tableau Software (NYSE:DATA) last announced its quarterly earnings results on Thursday, February 1st. The software company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.09. Tableau Software had a negative net margin of 21.16% and a negative return on equity of 23.76%. The firm had revenue of $249.40 million for the quarter, compared to the consensus estimate of $240.63 million. During the same period in the prior year, the firm posted $0.26 earnings per share. The company’s revenue for the quarter was down .5% on a year-over-year basis.
In other Tableau Software news, insider Elissa Fink sold 2,500 shares of Tableau Software stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $79.53, for a total transaction of $198,825.00. Following the transaction, the insider now directly owns 69,844 shares of the company’s stock, valued at $5,554,693.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Adam Selipsky sold 3,200 shares of Tableau Software stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $69.94, for a total transaction of $223,808.00. Following the transaction, the insider now directly owns 235,992 shares in the company, valued at $16,505,280.48. The disclosure for this sale can be found here. Insiders have sold 1,003,000 shares of company stock worth $77,657,190 over the last three months. Insiders own 24.76% of the company’s stock.
Several institutional investors have recently modified their holdings of DATA. Northern Trust Corp grew its holdings in shares of Tableau Software by 5.8% in the second quarter. Northern Trust Corp now owns 283,245 shares of the software company’s stock worth $17,355,000 after purchasing an additional 15,561 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Tableau Software by 18.0% in the second quarter. Dimensional Fund Advisors LP now owns 146,608 shares of the software company’s stock worth $8,983,000 after purchasing an additional 22,372 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Tableau Software by 66.0% in the second quarter. Royal Bank of Canada now owns 11,759 shares of the software company’s stock worth $721,000 after purchasing an additional 4,676 shares during the last quarter. State Street Corp grew its holdings in shares of Tableau Software by 3.9% in the second quarter. State Street Corp now owns 746,811 shares of the software company’s stock worth $45,758,000 after purchasing an additional 28,342 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Tableau Software by 7.9% in the second quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock worth $140,000 after purchasing an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 82.24% of the company’s stock.
Shares of Tableau Software (NYSE DATA) opened at $82.15 on Tuesday. Tableau Software has a fifty-two week low of $47.30 and a fifty-two week high of $87.00. The stock has a market cap of $6,550.81, a PE ratio of -34.81 and a beta of 0.88.
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About Tableau Software
Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.
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