Social Reality Inc (SRAX) to Post FY2017 Earnings of $0.27 Per Share, Roth Capital Forecasts
Social Reality Inc (NASDAQ:SRAX) – Roth Capital cut their FY2017 earnings per share estimates for Social Reality in a research note issued to investors on Tuesday. Roth Capital analyst D. Aftahi now anticipates that the firm will post earnings per share of $0.27 for the year, down from their prior forecast of $0.28.
Social Reality (NASDAQ:SRAX) last posted its quarterly earnings results on Monday, November 14th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by $0.16.
Separately, Zacks Investment Research upgraded Social Reality from a “sell” rating to a “buy” rating and set a $6.75 price objective on the stock in a report on Wednesday, October 19th.
Social Reality (NASDAQ:SRAX) traded up 0.081% during trading on Thursday, hitting $6.025. The stock had a trading volume of 1,300 shares. The company’s market cap is $41.82 billion. Social Reality has a one year low of $5.05 and a one year high of $9.40. The firm has a 50 day moving average of $6.43 and a 200-day moving average of $6.92.
About Social Reality
Social Reality, Inc is an Internet advertising and platform technology company. The Company provides tools to automate the digital advertising market. It is engaged in the sales of digital media advertising campaigns to advertising agencies and brands; sales of media inventory through real-time bidding (RTB) exchanges; sale and licensing of its SRAX Social platform and related media, and creation of custom platforms for buying media on SRAX for various brands.
Receive News & Stock Ratings for Social Reality Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Social Reality Inc and related stocks with our FREE daily email newsletter.