Ringcentral, Inc. (NYSE:RNG) Announces An EPS Of $-0.09 On 2016-08-03


Ringcentral, Inc. (NYSE:RNG) on 2016-08-03 announced an EPS of $-0.09. Estimates for the company’s EPS stand at $-0.08. A week ago the earnings estimates stood at $-0.08 changing by 0%, while a month ago they were $-0.08.

The company had received an EPS estimate of $-0.08 60 days ago while 90 days ago the estimates were at $-0.08.

In the last 7 days the company has seen 4 upward revisions in its EPS estimates while the number of downward revisions was EPS_CNT_EST_REV_DOWN_LAST_7D:1835}}. Similarly, its EPS estimates were increased 4, 4, 4 and 4 times in the last 30, 60, 90 and 120 days respectively.

In the last 120, 90, 60 and 30 days periods the EP estimates were downgraded 4, 4, 4, 4 times.

In the previous 18 days the estimates saw upward revision 4 times and downward revision 4 times.

From a total of 4 estimates, the company’s mean EPS estimate for the period ended 2 stood at $-0.08. As such the difference amount from the actual EPS was $-0.01, which comes to -12.5%. Right before the announcement of the actual EPS, the estimates ha d a standard deviation of 0.01.

Coming to sales figures, Ringcentral, Inc. (NYSE:RNG) is estimated to register annual sales of $123.757. The figure is the arithmetic mean of all estimates by 4 analysts while the median comes to $123.665 for the fiscal year 2017.

The highest estimate stands at $127.138 while lowest is $120.56. The annual sales estimate have a standard deviation of 2.753%.

In the last week 4 analysts increased their sales estimates while 4 decreased their estimates. The mean estimate changed by 0% from last week.

Over the last month, 4 analysts revised their estimates upwards while 4 analysts revised their estimates downwards. The mean estimate saw a change of 4.228% from a month ago.

Over the last 3 month period, 4 analysts revised their sales estimates for Ringcentral, Inc. (NYSE:RNG) upwards while 4 analysts downgraded their estimates. The mean estimate from 3 months ago underwent a change of 3.831%.

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