International Assets (INTL) Releases Quarterly Earnings Results
International Assets (NASDAQ: INTL) announced its earnings results on Wednesday. The company reported $0.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.45 by $0.37, AnalystRatings.Net reports. The company had revenue of $114.40 million for the quarter, compared to the consensus estimate of $135.84 million.
On the ratings front, analysts at Zacks upgraded shares of International Assets from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, February 12th. They now have a $18.50 price target on the stock.
International Assets (NASDAQ: INTL) traded up 0.56% on Wednesday, hitting $17.89. International Assets has a 52-week low of $16.45 and a 52-week high of $22.66. The stock’s 50-day moving average is currently $17.20. The company has a market cap of $341.6 million and a price-to-earnings ratio of 12.48.
International Assets Holding Corporation, along with its subsidiaries, provides risk management consulting services to mid-sized commercial customers, as well as provides foreign exchange and treasury services, securities execution, physical commodities trading services and execution in both listed futures and option contracts, as well as structured over-the counter (NASDAQ: INTL) products in a range of commodities.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.