Tesco Corporation (NASDAQ:TESO) Updates On Dividend Release Date


On 2015-11-02, Tesco Corporation (NASDAQ:TESO) confirmed the dividend disbursement of $0.05 a share to shareholders as on record 2015-11-13. The firm will release dividend on 2015-12-04 while ex-dividend date is reported to be 2015-11-10.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Tesco Corporation (NASDAQ:TESO) paid a total of $0.05 per share in dividends. This figure stood at $0.05 a share in the same period a year ago indicating a deviation of 33.3333%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $8.833 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $13 and $7, respectively.

Taking the mathematical rating formula, the price for Tesco Corporation (NASDAQ:TESO) stands at 2. Earnings Review Tesco Corporation (NASDAQ:TESO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $-0.38.

Coming to the quarter ending on 2015-12-31, Tesco Corporation (NASDAQ:TESO) recorded EPS of $-0.39. The reported numbers came lower than the analysts’ estimates of $-0.42, demonstrating a miss of $0.03 as against reported figures.

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