Tableau Software Inc Class A (DATA) Expected to Announce Earnings of -$0.09 Per Share

Analysts expect Tableau Software Inc Class A (NYSE:DATA) to post ($0.09) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Eleven analysts have issued estimates for Tableau Software Inc Class A’s earnings. The highest EPS estimate is $0.05 and the lowest is ($0.14). Tableau Software Inc Class A reported earnings of $0.08 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 212.5%. The company is expected to announce its next quarterly earnings results on Thursday, November 1st.

On average, analysts expect that Tableau Software Inc Class A will report full-year earnings of ($0.29) per share for the current year, with EPS estimates ranging from ($0.34) to ($0.11). For the next fiscal year, analysts anticipate that the business will post earnings of $0.14 per share, with EPS estimates ranging from ($0.19) to $0.66. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Tableau Software Inc Class A.

Tableau Software Inc Class A (NYSE:DATA) last issued its quarterly earnings data on Thursday, August 2nd. The software company reported ($0.71) EPS for the quarter, missing the consensus estimate of ($0.66) by ($0.05). Tableau Software Inc Class A had a negative return on equity of 24.51% and a negative net margin of 20.38%. The company had revenue of $243.60 million during the quarter, compared to analyst estimates of $237.23 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The business’s revenue was up 14.4% compared to the same quarter last year.

Several equities analysts have recently commented on DATA shares. Barclays restated a “buy” rating and issued a $102.00 price objective on shares of Tableau Software Inc Class A in a report on Sunday, April 22nd. Goldman Sachs Group restated a “buy” rating and issued a $130.00 price objective (up from $110.00) on shares of Tableau Software Inc Class A in a report on Monday, July 23rd. ValuEngine upgraded shares of Tableau Software Inc Class A from a “buy” rating to a “strong-buy” rating in a report on Wednesday, May 2nd. UBS Group restated a “buy” rating and issued a $114.00 price objective on shares of Tableau Software Inc Class A in a report on Tuesday, May 22nd. Finally, Morgan Stanley upped their price objective on shares of Tableau Software Inc Class A from $90.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, July 23rd. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $108.48.

In other Tableau Software Inc Class A news, CEO Adam Selipsky sold 6,948 shares of the stock in a transaction that occurred on Wednesday, May 16th. The shares were sold at an average price of $93.41, for a total value of $649,012.68. Following the sale, the chief executive officer now directly owns 286,401 shares of the company’s stock, valued at approximately $26,752,717.41. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Keenan Michael Conder sold 3,794 shares of the stock in a transaction that occurred on Thursday, May 17th. The shares were sold at an average price of $92.68, for a total transaction of $351,627.92. Following the completion of the sale, the executive vice president now directly owns 110,237 shares in the company, valued at $10,216,765.16. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 929,933 shares of company stock worth $95,083,505. 19.22% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in DATA. CIBC Private Wealth Group LLC purchased a new stake in shares of Tableau Software Inc Class A in the 2nd quarter valued at approximately $126,000. Diversified Trust Co purchased a new stake in shares of Tableau Software Inc Class A in the 1st quarter valued at approximately $204,000. LPL Financial LLC acquired a new position in shares of Tableau Software Inc Class A in the 1st quarter valued at $206,000. Mitsubishi UFJ Securities Holdings Co. Ltd. acquired a new position in shares of Tableau Software Inc Class A in the 1st quarter valued at $209,000. Finally, CIBC Asset Management Inc acquired a new position in shares of Tableau Software Inc Class A in the 1st quarter valued at $210,000. 80.79% of the stock is currently owned by institutional investors.

Shares of DATA stock opened at $101.95 on Friday. Tableau Software Inc Class A has a one year low of $68.37 and a one year high of $112.42.

About Tableau Software Inc Class A

Tableau Software, Inc provides business analytics software products. It offers Tableau Desktop, an analytics product that empowers people to access and analyze data; and Tableau Server, a business intelligence platform with data management and scalability to foster sharing of analytics, as well as to enhance the dissemination of information in an organization and promote decision-making.

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