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

May 11, 2018 - By Marie Mckinney

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.
Thrivent For Lutherans reported 0% stake. State Of Tennessee Treasury Department, a Tennessee-based fund reported 70,899 shares. Invesco Limited holds 0% in 8×8, Inc. (NYSE:EGHT) or 443,519 shares. Alliancebernstein Limited Partnership stated it has 0% in 8×8, Inc. (NYSE:EGHT). 151,198 were accumulated by Prudential Financial. Fisher Asset Mngmt Ltd Llc stated it has 292,975 shares or 0.01% of all its holdings. Tower Rech Lc (Trc) invested in 3,030 shares or 0.01% of the stock. Amalgamated Financial Bank invested 0% in 8×8, Inc. (NYSE:EGHT). Us Fincl Bank De owns 2,661 shares for 0% of their portfolio. 1.07M are held by Ubs Asset Americas. Gsa Partners Limited Liability Partnership invested in 61,117 shares or 0.05% of the stock. Ls Investment Advisors Limited Liability has invested 0% in 8×8, Inc. (NYSE:EGHT). State Board Of Administration Of Florida Retirement Sys holds 49,569 shares or 0% of its portfolio. Amer Grp holds 70,656 shares or 0% of its portfolio. Louisiana State Employees Retirement Sys invested in 39,600 shares.

Since January 30, 2018, it had 0 insider purchases, and 3 sales for $2.12 million activity. Deklich Dejan had sold 9,300 shares worth $183,173 on Friday, March 9. On Friday, February 16 the insider Hakeman Darren J. sold $147,760.

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 0.44% or $0.1 during the last trading session, reaching $22.45. About 348,255 shares traded. 8×8, Inc. (NYSE:EGHT) has risen 26.60% since May 11, 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.

Another recent and important 8×8, Inc. (NYSE:EGHT) news was published by Businesswire.com which published an article titled: “8×8 Grants New Employee Inducement Awards Pursuant to NYSE Rule 303A.08” on April 26, 2018.

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

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