Cubic Corp. (CUB) Tops Q4 EPS by 23c, Beats on Revenues; Offers FY18 Revenue Mid-Point Guidance Below Consensus
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Go back to Cubic Corp. (CUB) Tops Q4 EPS by 23c, Beats on Revenues; Offers FY18 Revenue Mid-Point Guidance Below Consensus
November 22, 2017 7:07 AM EST
Cubic Corporation (NYSE: CUB) today announced that its Cubic Transportation Systems (CTS) business division was awarded a mobile ticketing contract for Germany's Rhein-Sieg area, which includes Cologne, the nation's fourth largest city. The contract will support the Cologne transport operator... More
November 21, 2017 7:36 AM EST
Needham & Company raised its price target on Cubic (NYSE: CUB) to $62.00 (from $56.00) while maintaining a Buy rating.
Analyst James Ricchiuti believes the company earnings power will become more evident in FY 2019 as the Boston contract begins contributing. The analyst remains positive as the company makes progress on multiple fronts.
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November 21, 2017 6:58 AM EST
Canaccord Genuity raised its price target on Cubic (NYSE: CUB) to $64.00 (from $55.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.
Analyst Ken Herbert notes a positive outlook on the shares, as the company reported fourth quarter earnings per share and... More
