Brokers Set Expectations for Tucows Inc.’s Q3 2017 Earnings (TC)
Tucows Inc. (TSE:TC) (NYSE:TCX) – Equities researchers at Cormark reduced their Q3 2017 earnings per share estimates for shares of Tucows in a note issued to investors on Wednesday. Cormark analyst H. Mak now anticipates that the company will earn $0.64 per share for the quarter, down from their prior forecast of $0.73. Cormark also issued estimates for Tucows’ Q4 2017 earnings at $0.69 EPS, Q1 2018 earnings at $0.71 EPS, Q2 2018 earnings at $0.81 EPS and FY2018 earnings at $3.20 EPS.
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Tucows (TSE TC) opened at 70.06 on Friday. The company has a 50 day moving average of $71.13 and a 200 day moving average of $71.26. The company has a market capitalization of $739.27 million and a PE ratio of 49.37. Tucows has a 52-week low of $33.78 and a 52-week high of $86.33.
In related news, Director Rawleigh Hazen Ralls sold 469 shares of the company’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of C$56.90, for a total transaction of C$26,686.10. Also, Director Allen Karp sold 1,900 shares of the company’s stock in a transaction on Thursday, June 22nd. The stock was sold at an average price of C$59.92, for a total value of C$113,848.00. Insiders have sold a total of 71,725 shares of company stock worth $4,216,234 over the last ninety days.
Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in the United States, Canada, and Germany. It operates in two segments, Network Access Services and Domain Services. The Network Access Services segment offers mobile and fixed high-speed Internet access services under the Ting brand, and Internet hosting and network consulting services.
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