$-0.05 EPS Expected for Mitel Networks Corporation (MITL)

September 30, 2018 - By Matthew Richard

Mitel Networks Corporation (NASDAQ:MITL) Logo

Analysts expect Mitel Networks Corporation (NASDAQ:MITL) to report $-0.05 EPS on November, 1.They anticipate $0.18 EPS change or 78.26 % from last quarter’s $-0.23 EPS. After having $0.12 EPS previously, Mitel Networks Corporation’s analysts see -141.67 % EPS growth. The stock increased 0.27% or $0.03 during the last trading session, reaching $11.02. About 1.10 million shares traded or 0.84% up from the average. Mitel Networks Corporation (NASDAQ:MITL) has risen 34.07% since September 30, 2017 and is uptrending. It has outperformed by 18.45% the S&P500.

Mitel Networks Corporation (NASDAQ:MITL) Ratings Coverage

Among 3 analysts covering Mitel Networks Corp (NASDAQ:MITL), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Mitel Networks Corp had 3 analyst reports since April 11, 2018 according to SRatingsIntel. On Wednesday, April 11 the stock rating was downgraded by National Bank Canada to “Hold”. RBC Capital Markets maintained Mitel Networks Corporation (NASDAQ:MITL) on Tuesday, April 24 with “Hold” rating. The firm has “Hold” rating given on Tuesday, May 15 by Craig Hallum.

Mitel Networks Corporation provides business communications and collaboration software, services, and solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. The company has market cap of $1.36 billion. It operates through Cloud and Enterprise divisions. It currently has negative earnings. The Cloud segment offers retail cloud services, which include UCC applications, voice and data telecommunications, and desktop devices that provide hosted cloud and related services directly to the end users under the MiCloud brand name.

Another recent and important Mitel Networks Corporation (NASDAQ:MITL) news was published by Nasdaq.com which published an article titled: “Mitel Boosts Organization with EMEA Executive Appointments to Drive Customer Migration to Cloud and Expand On …” on September 04, 2018.

Mitel Networks Corporation (NASDAQ:MITL) Ratings Chart

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