TPG (TPG) Set to Announce Quarterly Earnings on Tuesday

TPG (NASDAQ:TPG – Get Rating) will be releasing its earnings data before the market opens on Tuesday, May 10th. Analysts expect TPG to post earnings of $0.47 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

TPG (NASDAQ:TPG – Get Rating) last announced its quarterly earnings results on Monday, March 28th. The company reported $0.56 EPS for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.14. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $259.88 million. On average, analysts expect TPG to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NASDAQ:TPG opened at $26.15 on Tuesday. TPG has a 12 month low of $25.13 and a 12 month high of $35.40. The firm has a 50-day simple moving average of $28.77.

TPG has been the subject of a number of analyst reports. Zacks Investment Research raised shares of TPG from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a report on Tuesday, April 12th. Citigroup decreased their price objective on shares of TPG from $32.00 to $27.00 and set a “neutral” rating for the company in a research note on Tuesday, April 12th. BMO Capital Markets raised their price objective on shares of TPG from $34.00 to $35.00 and gave the stock a “market perform” rating in a research note on Tuesday, March 29th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of TPG from $41.00 to $43.00 and gave the stock a “buy” rating in a research note on Tuesday, March 29th. Finally, Wells Fargo & Company decreased their price objective on shares of TPG from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 19th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $34.00.

TPG Company Profile (Get Rating)

TPG Inc operates as an alternative asset manager worldwide. It offers investment management services to unconsolidated funds, collateralized loan obligations, and other vehicles; monitoring services to portfolio companies; advisory services, debt and equity arrangements, and underwriting and placement services; and capital structuring and other advisory services to portfolio companies.

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