Nuance Communications (NUAN) Scheduled to Post Earnings on Wednesday

Nuance Communications (NASDAQ:NUAN) will post its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect Nuance Communications to post earnings of $0.15 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Nuance Communications (NASDAQ:NUAN) last issued its earnings results on Thursday, February 7th. The software maker reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.07. The business had revenue of $493.65 million for the quarter, compared to analyst estimates of $504.85 million. Nuance Communications had a negative net margin of 9.50% and a positive return on equity of 13.59%. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last year, the company posted $0.27 earnings per share. On average, analysts expect Nuance Communications to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NASDAQ:NUAN opened at $17.14 on Tuesday. The company has a market cap of $4.85 billion, a PE ratio of 21.16, a P/E/G ratio of 1.92 and a beta of 1.16. Nuance Communications has a one year low of $12.18 and a one year high of $17.88. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.95 and a current ratio of 1.95.

A number of equities analysts have recently commented on NUAN shares. Zacks Investment Research raised shares of Nuance Communications from a “sell” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Thursday, January 24th. BidaskClub lowered shares of Nuance Communications from a “buy” rating to a “hold” rating in a research report on Wednesday, February 20th. Morgan Stanley lowered shares of Nuance Communications from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $19.00 to $17.00 in a research report on Tuesday, January 15th. Finally, Wedbush reaffirmed a “buy” rating and set a $22.00 target price on shares of Nuance Communications in a research report on Friday, February 8th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $18.67.

In related news, insider Robert Weideman sold 12,000 shares of Nuance Communications stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $16.93, for a total transaction of $203,160.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mark D. Benjamin sold 20,005 shares of Nuance Communications stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $16.23, for a total transaction of $324,681.15. Following the transaction, the chief executive officer now directly owns 718,975 shares in the company, valued at $11,668,964.25. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 125,761 shares of company stock worth $2,099,479. Corporate insiders own 0.68% of the company’s stock.

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Nuance Communications Company Profile

Nuance Communications, Inc provides voice recognition and natural language understanding solutions worldwide. It operates through five segments: Healthcare, Automotive, Enterprise, Imaging, and Other. The Healthcare segment offers clinical speech and clinical language understanding solutions, such as Dragon Medical, a dictation software that allow physicians to capture and document patient care in real-time; transcription solutions, which enable physicians to streamline clinical documentation with a transcription platforms; clinical document improvement and coding solutions; diagnostic solutions that allow radiologists to document, collaborate, and share medical images and reports; and professional and personal productivity solutions to business users and consumers.

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Earnings History for Nuance Communications (NASDAQ:NUAN)

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