Instructure Reports Third Quarter 2016 Financial Results
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Go back to Instructure Reports Third Quarter 2016 Financial Results
November 1, 2016 9:29 AM EDT
Oppenheimer analyst Brian Schwartz reiterated an Outperform rating and $27 price target on Instructure, Inc. (NYSE: INST) following mixed results, saying they are a short-term blip.
Schwartz commented, "Instructure reported mixed 3Q results that show better than expected cash flow generation and margin improvements, but... More
November 1, 2016 6:49 AM EDT
Raymond James downgraded Instructure, Inc. (NYSE: INST) from Strong Buy to Outperform with a price target of $23.00.
For an analyst ratings summary and ratings history on Instructure, Inc. click here. For more ratings news on Instructure, Inc. click here.
Shares of Instructure, Inc. closed at $25.45 yesterday.
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October 31, 2016 4:11 PM EDT
Instructure (NYSE: INST) reported Q3 EPS of ($0.34), $0.08 better than the analyst estimate of ($0.42). Revenue for the quarter came in at $30.1 million versus the consensus estimate of $30.28 million.
GUIDANCE:
Instructure sees Q4 2016 EPS of ($0.42)-($0.44), versus the consensus of ($0.45). Instructure sees Q4... More
