Tableau Software Inc (DATA) Expected to Announce Earnings of -$0.18 Per Share
Analysts expect Tableau Software Inc (NYSE:DATA) to report earnings per share of ($0.18) for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have provided estimates for Tableau Software’s earnings, with estimates ranging from ($0.23) to ($0.11). Tableau Software reported earnings per share of ($0.03) during the same quarter last year, which would suggest a negative year over year growth rate of 500%. The company is expected to report its next earnings results on Wednesday, May 2nd.
On average, analysts expect that Tableau Software will report full-year earnings of $0.11 per share for the current financial year, with EPS estimates ranging from ($0.05) to $0.19. For the next year, analysts expect that the company will post earnings of $0.43 per share, with EPS estimates ranging from $0.09 to $0.74. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Tableau Software.
Tableau Software (NYSE:DATA) last issued its quarterly earnings results on Thursday, February 1st. The software company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.09. The business had revenue of $249.40 million during the quarter, compared to analyst estimates of $240.63 million. Tableau Software had a negative net margin of 21.16% and a negative return on equity of 23.84%. Tableau Software’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the business posted $0.26 earnings per share.
Shares of Tableau Software (NYSE:DATA) opened at $86.64 on Thursday. The firm has a market cap of $7,064.19, a P/E ratio of -36.71 and a beta of 0.79. Tableau Software has a fifty-two week low of $47.30 and a fifty-two week high of $87.60.
In other news, insider Pat Hanrahan sold 400,000 shares of Tableau Software stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $78.50, for a total transaction of $31,400,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Christian Chabot sold 450,000 shares of Tableau Software stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $78.23, for a total transaction of $35,203,500.00. Following the transaction, the chairman now directly owns 453,536 shares in the company, valued at $35,480,121.28. The disclosure for this sale can be found here. Over the last three months, insiders have sold 933,719 shares of company stock worth $73,445,439. Insiders own 28.98% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its position in Tableau Software by 871.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,486 shares of the software company’s stock valued at $102,000 after acquiring an additional 1,333 shares in the last quarter. American International Group Inc. bought a new stake in Tableau Software in the 4th quarter valued at $105,000. Invictus RG bought a new stake in Tableau Software in the 3rd quarter valued at $123,000. The Manufacturers Life Insurance Company lifted its position in Tableau Software by 7.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock valued at $140,000 after acquiring an additional 167 shares in the last quarter. Finally, World Asset Management Inc bought a new stake in Tableau Software in the 3rd quarter valued at $210,000. 83.90% of the stock is currently owned by institutional investors.
Tableau Software Company Profile
Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.
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