Equities analysts forecast that Tenable Holdings Inc (NASDAQ:TENB) will announce earnings of ($0.14) per share for the current quarter, Zacks reports. Five analysts have provided estimates for Tenable’s earnings. The highest EPS estimate is ($0.14) and the lowest is ($0.15). The company is scheduled to report its next earnings report after the market closes on Tuesday, February 5th.
According to Zacks, analysts expect that Tenable will report full-year earnings of ($0.62) per share for the current fiscal year, with EPS estimates ranging from ($0.63) to ($0.61). For the next financial year, analysts forecast that the company will post earnings of ($0.71) per share, with EPS estimates ranging from ($0.78) to ($0.65). Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for Tenable.
Tenable (NASDAQ:TENB) last released its quarterly earnings results on Tuesday, October 30th. The company reported ($0.16) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.19) by $0.03. The company had revenue of $69.40 million for the quarter, compared to analysts’ expectations of $66.28 million. The business’s revenue was up 41.6% on a year-over-year basis.
TENB stock traded up $1.06 during midday trading on Friday, reaching $26.46. The company’s stock had a trading volume of 31,128 shares, compared to its average volume of 353,135. Tenable has a 1 year low of $20.00 and a 1 year high of $39.38.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new stake in Tenable in the third quarter worth about $113,000. Point72 Asset Management L.P. acquired a new stake in Tenable in the third quarter worth about $138,000. Strs Ohio acquired a new stake in Tenable in the third quarter worth about $139,000. Partner Investment Management L.P. acquired a new stake in Tenable in the third quarter worth about $145,000. Finally, Keybank National Association OH acquired a new stake in Tenable in the third quarter worth about $307,000. 44.63% of the stock is owned by institutional investors and hedge funds.
Tenable Company Profile
Tenable Holdings, Inc provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate technical data into business insights to understand and reduce their cybersecurity risk.
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