CTPartners (CTP) Guides Q1 EPS Below Views; Revs In-Line

March 7, 2012 10:33 AM EST
CTPartners (AMEX: CTP), announced its Q1 2012 revenue and earnings per share guidance. The company expects revenue between $29 million and $31 million in Q1, the midpoint of which would be flat year over year and up 11% sequentially. Earnings per share are expected to be between a loss of $.12 and a profit of $.02.

The Street sees EPS of 5 cents and revs of $30.8 million in the quarter.

CTPartners is finalizing its Q4 and full year 2011 financial results and expects to report a loss for both periods due to slower Q4 revenue, operating losses and some non-cash adjustments. The company will reiterate its 2012 full year forecast of revenue between $125 million - $140 million and an operating margin between 4-6%. Earnings are scheduled to be released March 21st.


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