InnerWorkings (INWK) Releases FY18 Earnings Guidance
InnerWorkings (NASDAQ:INWK) issued an update on its FY18 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.56-0.59 for the period, compared to the Thomson Reuters consensus estimate of $0.58. The company issued revenue guidance of $1.195-1.230 billion, compared to the consensus revenue estimate of $1.20 billion.
InnerWorkings (INWK) opened at $9.66 on Tuesday. The stock has a market cap of $521.20, a price-to-earnings ratio of 20.49, a P/E/G ratio of 1.20 and a beta of 1.65. InnerWorkings has a 1 year low of $8.19 and a 1 year high of $12.03. The company has a current ratio of 1.86, a quick ratio of 1.63 and a debt-to-equity ratio of 0.51.
InnerWorkings (NASDAQ:INWK) last posted its earnings results on Monday, March 12th. The business services provider reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.08). The business had revenue of $301.00 million for the quarter, compared to analyst estimates of $304.90 million. InnerWorkings had a net margin of 2.04% and a return on equity of 9.53%. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 earnings per share. equities analysts anticipate that InnerWorkings will post 0.48 EPS for the current fiscal year.
InnerWorkings Company Profile
InnerWorkings, Inc is a marketing execution company. The Company’s software applications and databases create an integrated solution that stores, analyzes and tracks the production capabilities of its supplier network, as well as detailed pricing data. The Company’s segments include North America and International.
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