Ringcentral, Inc. (NYSE:RNG) Median Sales Estimate At $118.18


The EPS projection of Ringcentral, Inc. (NYSE:RNG) for quarter ended 2016-09-30 is $-0.08. Last week, the projection for EPS was $-0.08 against target of $-0.08, a month earlier. While 2-months ago, this projection was $-0.08 versus forecast of $-0.08a quarter months earlier, posting a deviation of 0%.

Ringcentral, Inc. (NYSE:RNG) posted that 18 days earlier, the share price was revised 1 times on upside. In addition, negative revisions were 2.

In last week, negative EPS revisions were 0 times and positive EPS revisions were 0 times. In last one-month and two month the positive revisions were 0 and 0. While in last 120 and 90 days, positive revisions were 0, and 0, correspondingly.

The per-share earnings downgrade for Ringcentral, Inc. (NYSE:RNG) in the preceding 30 and 120 were 0 and 3. While in 60 and 90 days were 0, and 3, in that order.

Earnings Surprises

Ringcentral, Inc. (NYSE:RNG) EPS target was $-0.08 for the quarter closed 1. It was based on 5 calls. As on 2016-04-27 the EPS was $-0.08. The change was $0, posting a deviation of 0%. The price projections gave a standard deviation of 0.01.

Quarterly Sales Estimates

Ringcentral, Inc. (NYSE:RNG) sales prediction for the fiscal 2017 stands at $118.736 and the median estimate is at $118.18. Almost 3 analysts gave sales target.

Among this, the highest sales estimate is $120.2 while the lowest target is $117.83 showing standard deviation of 1.279%.

As many as 3 analysts have positive sales targets revision while 3 reduced sales estimates, posting a deviation of 0%.

Last month, 3 experts have positive sales number revision. Also, 3 research groups lowered the sales projections, posting a deviation of 0%.

A quarter ago, 3 hiked sales target and 3 reduced sales forecast, posting a deviation of -0.064%.

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