Jefferies Keeps Hold on Zynga (ZNGA) Despite Solid Q4 'Beat'; PT to $3
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Evercore Partners Lifts PT on Zynga (ZNGA), Keeps Underweight
February 6, 2013 8:59 AM ESTEvercore Partners raised its price target on Zynga (NASDAQ: ZNGA) from $1.70 to $2.70 but maintained its Underweight rating following Q4 results.
On the quarter analyst Ken Sena comments, "4Q12 result was better than expected as Zynga reported bookings, revenue, and profitability all ahead of our projections (despite weak guidance). Bookings of $261mm were 21% ahead of our $216mm estimate. Revenues of $312mm,... More
Zynga (ZNGA) Posts non-GAAP Q4 EPS of 1c; Guides Q113
February 5, 2013 4:05 PM ESTZynga (NASDAQ: ZNGA) reported Q4 EPS of $0.01, $0.04 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $311 million versus the consensus estimate of $212.11 million.
Zynga sees FY2013 EPS of $-0.05--0.04, versus the consensus of $-0.01. Zynga sees FY2013 revenue of... More
