Reis (REIS) Posts Quarterly Results
Reis (NASDAQ: REIS) issued its quarterly earnings data on Thursday. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.50. The company had revenue of $8.58 million for the quarter, compared to the consensus estimate of $8.03 million.
On the ratings front, analysts at Zacks downgraded shares of Reis from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 8th. They now have a $14.50 price target on the stock.
Shares of Reis (REIS) traded up 0.31% during mid-day trading on Thursday, hitting $16.00. Reis (REIS) has a one year low of $7.74 and a one year high of $16.49. The stock’s 50-day moving average is currently $14.84. The company’s market cap is $171.3 million.
Reis, Inc. (Reis) is a provider of commercial real estate market information and analytical tools for its customers.
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