EPS for 8×8, Inc. (EGHT) Expected At $-0.05

May 13, 2018 - By Kurt Siggers

8x8, Inc. (NYSE:EGHT) LogoInvestors sentiment decreased to 0.91 in 2017 Q4. Its down 0.15, from 1.06 in 2017Q3. It worsened, as 26 investors sold 8×8, Inc. shares while 51 reduced holdings. 24 funds opened positions while 46 raised stakes. 60.69 million shares or 3.79% more from 58.47 million shares in 2017Q3 were reported.
39,600 are owned by Louisiana State Employees Retirement Sys. Juncture Wealth Strategies Ltd Liability owns 64,763 shares or 0.51% of their US portfolio. Co Tx owns 261,850 shares. Stone Ridge Asset Mgmt Limited Liability Corporation holds 14,116 shares. Invesco Ltd owns 443,519 shares or 0% of their US portfolio. Metropolitan Life Insur Communications Ny holds 0% or 25,706 shares. Diker Mgmt Ltd Liability Corp reported 0.31% of its portfolio in 8×8, Inc. (NYSE:EGHT). Moreover, State Board Of Administration Of Florida Retirement System has 0% invested in 8×8, Inc. (NYSE:EGHT). Vanguard Group Inc has invested 0% of its portfolio in 8×8, Inc. (NYSE:EGHT). Walleye Trading Ltd Liability reported 33,952 shares or 0% of all its holdings. 357,757 were reported by Shell Asset Mgmt. Mason Street Advsr Ltd Liability stated it has 23,916 shares. Northern Tru accumulated 0% or 1.12 million shares. Roanoke Asset Management Ny holds 16,500 shares. Manufacturers Life Ins The reported 66,952 shares.

Since January 30, 2018, it had 0 insider buys, and 3 sales for $2.12 million activity. Shares for $147,760 were sold by Hakeman Darren J. on Friday, February 16. MARTIN BRYAN R also sold $1.79 million worth of 8×8, Inc. (NYSE:EGHT) on Tuesday, January 30.

Analysts expect 8×8, Inc. (NYSE:EGHT) to report $-0.05 EPS on May, 24.They anticipate $0.04 EPS change or 400.00 % from last quarter’s $-0.01 EPS. After having $-0.07 EPS previously, 8×8, Inc.’s analysts see -28.57 % EPS growth. The stock decreased 0.22% or $0.05 during the last trading session, reaching $22.5. About 695,862 shares traded or 4.17% up from the average. 8×8, Inc. (NYSE:EGHT) has risen 26.60% since May 13, 2017 and is uptrending. It has outperformed by 15.05% the S&P500.

8×8, Inc. provides cloud-based, enterprise-class software solutions for small and medium businesses, mid-market, and distributed enterprises worldwide. The company has market cap of $2.07 billion. The firm operates in two divisions, Americas and Europe. It currently has negative earnings. The companyÂ’s pure-cloud offering combines voice, conferencing, messaging, and video with integrated workflows and big data analytics on a single platform.

More recent 8×8, Inc. (NYSE:EGHT) news were published by: Globenewswire.com which released: “Market Trends Toward New Normal in Emerge Energy Services LP, NACCO Industries, 8×8, Eleven Biotherapeutics …” on May 01, 2018. Also Businesswire.com published the news titled: “8×8 Grants New Employee Inducement Awards Pursuant to NYSE Rule 303A.08” on April 26, 2018. Businesswire.com‘s news article titled: “8×8, Inc. to Announce Fourth Quarter and Full-Year Fiscal 2018 Financial Results on May 24, 2018” with publication date: April 20, 2018 was also an interesting one.

8x8, Inc. (NYSE:EGHT) Institutional Positions Chart

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