Sell-side View on Proofpoint, Inc. (NASDAQ:PFPT)’s Earnings


Wall Street analysts have a current quarter EPS estimate of $-0.42 on shares of Proofpoint, Inc. (NASDAQ:PFPT). Analysts and investors will be looking ahead to the next company earnings report which is scheduled to be on or around 2016-10-19 for the period ending 2016-09-30. During the same quarter in the previous year, the company reported EPS of $-0.47. 

The earnings report has the ability to trigger near-term movements of the stock whether results hit or miss expectations. Before the earnings report, investors might be watching directional trends of estimates. The company posted actual EPS for the last quarter of $-0.39. The Zacks Research consensus estimate prior to earnings was $-0.61. The difference between the two numbers was $0.22 which resulted in a surprise factor of 36.07%. 14 analysts polled by Zacks Research currently have a mean target price of $80.214 on the stock. The top target is presently $100 and the lowest target has the stock reaching $52 within the year. Zacks Research also uses an analyst ratings scale that spans from 1 to 5. Using this scale, a 1 would indicate a Strong Buy, and a 5 rating would represent a Strong Sell rating. Using all the ratings on Proofpoint, Inc. (NASDAQ:PFPT), the mean rests at 1.26.

Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position. 

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