Remark Media Inc. (MARK) to Post FY2016 Earnings of ($0.98) Per Share, Roth Capital Forecasts
Remark Media Inc. (NASDAQ:MARK) – Research analysts at Roth Capital increased their FY2016 EPS estimates for shares of Remark Media in a report issued on Thursday. Roth Capital analyst D. Aftahi now expects that the firm will post earnings per share of ($0.98) for the year, up from their prior estimate of ($1.04). Roth Capital currently has a “Buy” rating and a $8.50 target price on the stock. Roth Capital also issued estimates for Remark Media’s Q4 2016 earnings at ($0.28) EPS, Q1 2017 earnings at ($0.32) EPS, Q2 2017 earnings at ($0.28) EPS, Q3 2017 earnings at ($0.32) EPS, FY2017 earnings at ($1.14) EPS and FY2018 earnings at ($0.82) EPS.
Remark Media (NASDAQ:MARK) last released its quarterly earnings data on Monday, November 14th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $0.05. The firm had revenue of $15.14 million for the quarter. Remark Media had a negative net margin of 66.15% and a negative return on equity of 382.80%.
Shares of Remark Media (NASDAQ:MARK) opened at 4.60 on Monday. The company’s market cap is $95.26 million. The company has a 50-day moving average of $4.25 and a 200 day moving average of $4.42. Remark Media has a 12 month low of $3.66 and a 12 month high of $5.40.
Remark Media Company Profile
Remark Media, Inc owns, operates and acquires digital media properties across multiple verticals. The Company operates through the travel and entertainment segment. The travel and entertainment segment includes the Vegas.com and its Roomlia mobile application. The Company is engaged in the sale of various travel and entertainment products, including lodging, air travel, show tickets and tours, which are booked through its travel and entertainment segment, consisting of Vegas.com and its related Websites, including LasVegas.com, mobile applications and retail locations.
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