Needham & Company Raises Price Target on Virtusa (VRTU) Following Solid 2Q Earnings

Go back to Needham & Company Raises Price Target on Virtusa (VRTU) Following Solid 2Q Earnings

Virtusa (VRTU) Tops Q2 EPS by 16c, Offers Guidance

November 4, 2015 8:42 AM EST

Virtusa (NASDAQ: VRTU) reported Q2 EPS of $0.50, $0.16 better than the analyst estimate of $0.34. Revenue for the quarter came in at $143 million versus the consensus estimate of $141.91 million.

Virtusa sees FY2016 EPS of $2.15-$2.21, versus the consensus of $2.20. Virtusa sees FY2015 revenue of $584.6-591.6... More

Trading Radar 11/4: Facebook (FB), Qualcomm (QCOM), MetLife (MET), Time Warner (TWX), Michael Kors (KORS) Report

November 3, 2015 2:45 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

8:15am EDT

ADP Employment Change - Street sees 180k

8:30am EDT

Trade Balance - Street sees ($43.0B)

Earnings:

02micro (Nasdaq: OIIM) - consensus loss $0.08
3D Systems (NYSE: DDD) - consensus EPS $0.08
Abraxas Petroleum (Nasdaq: AXAS) - consensus loss... More