(CRCM) Updates FY 2018 Earnings Guidance (NYSE:CRCM) issued an update on its FY 2018 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.69-0.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.68. The company issued revenue guidance of $192.1-192.5 million, compared to the consensus revenue estimate of $192.34 also updated its Q4 guidance to ~$0.20 EPS.

Shares of NYSE CRCM opened at $18.11 on Friday. has a 1-year low of $15.14 and a 1-year high of $22.95. The stock has a market capitalization of $562.76 million, a PE ratio of 67.07, a P/E/G ratio of 5.71 and a beta of 1.25. (NYSE:CRCM) last issued its earnings results on Thursday, November 8th. The information services provider reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.19. had a return on equity of 15.34% and a net margin of 5.87%. The company had revenue of $49.20 million during the quarter, compared to the consensus estimate of $49.22 million. During the same quarter in the prior year, the business earned $0.18 earnings per share. The company’s revenue was up 10.6% compared to the same quarter last year. As a group, research analysts expect that will post 0.21 EPS for the current fiscal year.

Several research analysts recently commented on CRCM shares. ValuEngine cut from a strong-buy rating to a buy rating in a research note on Thursday, October 11th. Craig Hallum set a $24.00 price target on and gave the stock a buy rating in a research note on Tuesday, July 31st. Finally, Zacks Investment Research cut from a hold rating to a sell rating in a research note on Friday, August 3rd. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. currently has an average rating of Buy and a consensus price target of $22.00.

In other news, insider David Krupinski sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $19.21, for a total transaction of $192,100.00. Following the sale, the insider now owns 138,181 shares in the company, valued at $2,654,457.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Sheila Lirio Marcelo sold 64,925 shares of the company’s stock in a transaction that occurred on Tuesday, October 9th. The shares were sold at an average price of $21.32, for a total value of $1,384,201.00. Following the sale, the insider now owns 1,089,633 shares in the company, valued at approximately $23,230,975.56. The disclosure for this sale can be found here. In the last quarter, insiders sold 209,819 shares of company stock worth $4,345,231. Insiders own 30.90% of the company’s stock.

An institutional investor recently raised its position in stock. Bank of New York Mellon Corp raised its position in shares of Inc (NYSE:CRCM) by 18.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,512 shares of the information services provider’s stock after buying an additional 13,062 shares during the quarter. Bank of New York Mellon Corp owned about 0.27% of worth $1,785,000 at the end of the most recent quarter. 79.22% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: This article was posted by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this article on another domain, it was stolen and reposted in violation of US & international trademark and copyright laws. The correct version of this article can be viewed at Company Profile, Inc operates an online marketplace for finding and managing family care in the United States and internationally. The company helps families to address their lifecycle of care needs, including child care, senior care, and special needs care, as well as other non-medical family care needs, such as pet care, tutoring, and housekeeping; and enables caregivers to find full-time and part-time employment opportunities.

Read More: Bear Market – How and Why They Occur

Receive News & Ratings for Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for and related companies with's FREE daily email newsletter.

Leave a Reply