Equities analysts forecast that LivePerson, Inc. (NASDAQ:LPSN) will report $0.02 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for LivePerson’s earnings, with estimates ranging from $0.02 to $0.03. LivePerson posted earnings per share of $0.05 during the same quarter last year, which would indicate a negative year over year growth rate of 60%. The firm is expected to issue its next earnings results on Wednesday, November 7th.

According to Zacks, analysts expect that LivePerson will report full year earnings of $0.11 per share for the current financial year, with EPS estimates ranging from $0.10 to $0.12. For the next fiscal year, analysts anticipate that the business will post earnings of $0.19 per share, with EPS estimates ranging from $0.13 to $0.23. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover LivePerson.

LivePerson (NASDAQ:LPSN) last released its earnings results on Wednesday, August 1st. The technology company reported $0.01 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.01. The business had revenue of $61.66 million for the quarter, compared to analyst estimates of $59.46 million. LivePerson had a negative return on equity of 3.34% and a negative net margin of 7.06%. The company’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 earnings per share.

LPSN has been the topic of a number of recent analyst reports. Roth Capital upped their price objective on LivePerson to $31.00 and gave the stock a “buy” rating in a report on Tuesday, July 31st. BidaskClub raised LivePerson from a “hold” rating to a “buy” rating in a report on Thursday, July 19th. LADENBURG THALM/SH SH reaffirmed a “buy” rating and set a $24.00 price objective on shares of LivePerson in a report on Wednesday, June 6th. Zacks Investment Research raised LivePerson from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a report on Friday, June 8th. Finally, Needham & Company LLC upped their price objective on LivePerson from $20.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, August 2nd. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $25.29.

Shares of LPSN stock opened at $26.45 on Wednesday. LivePerson has a 1-year low of $10.80 and a 1-year high of $27.30.

In other LivePerson news, SVP Daryl Carlough sold 1,493 shares of the company’s stock in a transaction on Monday, July 16th. The stock was sold at an average price of $22.20, for a total value of $33,144.60. Following the sale, the senior vice president now owns 13,154 shares of the company’s stock, valued at $292,018.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robert P. Locascio sold 2,385 shares of the company’s stock in a transaction on Wednesday, June 20th. The shares were sold at an average price of $23.80, for a total value of $56,763.00. Following the completion of the sale, the chief executive officer now directly owns 318,806 shares in the company, valued at approximately $7,587,582.80. The disclosure for this sale can be found here. Insiders have sold 33,654 shares of company stock worth $780,517 in the last ninety days. 11.50% of the stock is currently owned by corporate insiders.

Institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new stake in LivePerson in the second quarter valued at $108,000. Bank of Montreal Can acquired a new stake in LivePerson in the second quarter valued at $139,000. Tower Research Capital LLC TRC acquired a new stake in LivePerson in the second quarter valued at $156,000. SG Americas Securities LLC acquired a new stake in LivePerson in the second quarter valued at $165,000. Finally, Engineers Gate Manager LP acquired a new stake in LivePerson in the second quarter valued at $200,000. 78.84% of the stock is currently owned by institutional investors.

LivePerson Company Profile

LivePerson, Inc provides mobile and online business messaging solutions that power digital communication between brands and consumers. It operates in two segments, Business and Consumer. The Business segment facilitates real-time online interactions, such as chat, voice, and content delivery across multiple channels and screens for corporations of various sizes.

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