LivePerson (LPSN) Scheduled to Post Earnings on Monday

LivePerson (NASDAQ:LPSNGet Rating) will be announcing its earnings results after the market closes on Monday, May 9th. Analysts expect the company to announce earnings of ($0.74) per share for the quarter. LivePerson has set its Q1 2022 guidance at EPS and its FY 2022 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

LivePerson (NASDAQ:LPSNGet Rating) last issued its quarterly earnings data on Thursday, February 24th. The technology company reported ($0.65) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.76) by $0.11. The business had revenue of $123.80 million during the quarter, compared to the consensus estimate of $123.74 million. LivePerson had a negative return on equity of 41.63% and a negative net margin of 26.61%. On average, analysts expect LivePerson to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of NASDAQ LPSN opened at $22.62 on Monday. The company has a current ratio of 2.85, a quick ratio of 2.85 and a debt-to-equity ratio of 1.64. The stock has a 50 day simple moving average of $23.91 and a 200-day simple moving average of $33.17. The company has a market cap of $1.64 billion, a PE ratio of -12.64 and a beta of 1.33. LivePerson has a 12-month low of $16.00 and a 12-month high of $68.82.

In other LivePerson news, CFO John Deneen Collins sold 1,203 shares of the business’s stock in a transaction on Monday, April 11th. The shares were sold at an average price of $24.95, for a total transaction of $30,014.85. Following the sale, the chief financial officer now directly owns 42,663 shares of the company’s stock, valued at approximately $1,064,441.85. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Monica L. Greenberg sold 3,247 shares of the business’s stock in a transaction on Wednesday, March 2nd. The shares were sold at an average price of $23.52, for a total transaction of $76,369.44. The disclosure for this sale can be found here. Insiders sold 34,052 shares of company stock worth $818,525 in the last ninety days. 9.90% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of LPSN. Norges Bank bought a new stake in LivePerson in the fourth quarter worth $16,752,000. Millennium Management LLC boosted its holdings in LivePerson by 176.9% in the fourth quarter. Millennium Management LLC now owns 259,943 shares of the technology company’s stock worth $9,285,000 after purchasing an additional 166,056 shares in the last quarter. Barclays PLC boosted its holdings in LivePerson by 43.3% in the fourth quarter. Barclays PLC now owns 296,516 shares of the technology company’s stock worth $10,590,000 after purchasing an additional 89,614 shares in the last quarter. Deutsche Bank AG boosted its holdings in LivePerson by 13.8% in the fourth quarter. Deutsche Bank AG now owns 461,541 shares of the technology company’s stock worth $16,486,000 after purchasing an additional 55,820 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in LivePerson by 4.3% in the fourth quarter. Legal & General Group Plc now owns 189,327 shares of the technology company’s stock worth $6,763,000 after purchasing an additional 7,843 shares in the last quarter. Hedge funds and other institutional investors own 99.01% of the company’s stock.

Several equities analysts have recently issued reports on LPSN shares. William Blair downgraded LivePerson from an “outperform” rating to a “market perform” rating in a research report on Friday, February 25th. B. Riley downgraded LivePerson from a “buy” rating to a “neutral” rating and set a $23.00 price objective for the company. in a research report on Friday, February 25th. JPMorgan Chase & Co. downgraded LivePerson from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $60.00 to $21.00 in a research report on Friday, February 25th. Zacks Investment Research upgraded LivePerson from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Wednesday, March 2nd. Finally, Loop Capital upped their target price on LivePerson from $23.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, April 8th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $35.25.

LivePerson Company Profile (Get Rating)

LivePerson, Inc, together with its subsidiaries, provides conversational commerce software and Gainshare solutions. It operates in two segments, Business and Consumer. The Business segment enables brands to leverage LiveEngage's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.

See Also

Earnings History for LivePerson (NASDAQ:LPSN)

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