Remark (MARK) Set to Announce Earnings on Tuesday

Remark (NASDAQ:MARK) is scheduled to be announcing its earnings results after the market closes on Tuesday, August 14th. Analysts expect the company to announce earnings of ($0.35) per share for the quarter.

Remark (NASDAQ:MARK) last released its quarterly earnings data on Monday, May 14th. The information services provider reported ($0.43) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by ($0.08). The business had revenue of $16.72 million for the quarter, compared to analyst estimates of $19.45 million. On average, analysts expect Remark to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Remark opened at $3.60 on Monday, according to MarketBeat.com. The stock has a market cap of $128.93 million, a price-to-earnings ratio of -2.01 and a beta of 1.85. Remark has a 52 week low of $2.12 and a 52 week high of $15.10. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of -1.27.

Several equities research analysts have commented on MARK shares. ValuEngine raised shares of Remark from a “hold” rating to a “buy” rating in a report on Wednesday, June 6th. Zacks Investment Research downgraded shares of Remark from a “hold” rating to a “sell” rating in a report on Saturday.

Remark Company Profile

Remark Holdings, Inc, a technology company, focuses on the development and deployment of artificial intelligence-based solutions for businesses in various industries worldwide. The company operates KanKan, a social media data intelligence platform. It also owns and operates various digital media properties that deliver content in various verticals, such as travel and entertainment, young adult lifestyle, and personal finance.

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Earnings History for Remark (NASDAQ:MARK)

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