Endurance International Group (NASDAQ:EIGI) Releases Earnings Results, Beats Estimates By $0.02 EPS

Endurance International Group (NASDAQ:EIGI) released its earnings results on Thursday. The software maker reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02, MarketWatch Earnings reports. The company had revenue of $273.99 million during the quarter, compared to analyst estimates of $274.31 million. Endurance International Group had a negative return on equity of 2.41% and a net margin of 1.79%. Endurance International Group updated its FY 2020
Pre-Market guidance to EPS.

EIGI stock opened at $5.67 on Friday. The business has a 50 day moving average of $4.61 and a 200 day moving average of $3.64. Endurance International Group has a twelve month low of $1.31 and a twelve month high of $6.69. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 8.93.

EIGI has been the topic of a number of analyst reports. TheStreet raised Endurance International Group from a “d” rating to a “c” rating in a research note on Thursday. BidaskClub raised shares of Endurance International Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 17th. Credit Suisse Group dropped their price target on shares of Endurance International Group from $9.00 to $8.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Zacks Investment Research raised shares of Endurance International Group from a “sell” rating to a “hold” rating in a report on Friday. Finally, ValuEngine downgraded shares of Endurance International Group from a “buy” rating to a “hold” rating in a research note on Thursday, July 2nd. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $5.17.

About Endurance International Group

Endurance International Group Holdings, Inc, together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses in the United States and internationally. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools that enable subscribers to create a Web presence; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites.

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Earnings History for Endurance International Group (NASDAQ:EIGI)

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