Home Markets Earnings Estimate Forecast on VeriSign, Inc.(VRSN)

Earnings Estimate Forecast on VeriSign, Inc.(VRSN)


VeriSign, Inc.(VRSN): For the most recent quarter end, VeriSign, Inc. reported Annual Earnings of $0.84. Based on the filings, last years Annual Earnings was, $3.32. For the most recent quarter end, VRSN reported a surprise Earnings per Share of 6.33% . The consensus estimate for current quarter is $0.86 and for the current fiscal year, the estimate is $3.58. For the Next fiscal year, the estimate is $4 based on the consensus. Reston based VeriSign, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 27, 2017.

VeriSign, Inc. has received $0.86 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.86 while the top line estimate is $0.86 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 11.69%. VeriSign, Inc. reported better than expected with a surprise EPS of 6.33% or $0.05 during its most recent quarterly earnings. The Actual EPS was $0.84 compared to the Estimated EPS of $0.79. According to the corporate earnings calendar, VeriSign, Inc. will release next earnings on Apr 27, 2017 with an estimated EPS consensus of $0.86. Based on the consensus of stock financial advisors the stock has a price target of $86.33. Current year estimate on EPS consensus is $3.58. The Estimated EPS rate for Long term growth is $8.

VeriSign, Inc. has a Price to Earnings ratio of 25.07 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is . For the Most Recent Fiscal Year, VeriSign, Inc. has a price to cash ratio of 17.38. For the Trailing twelve month period, company showed a Net Profit Margin of 38.58% and Return on Equity of the stock is -36.88%.

For Dividend Investing Stock Market Traders VeriSign, Inc. has a Dividend Yield of 0% with an Annual Dividend of $0. It has a Payout Ratio of 0 and the change in Dividend payout ratio is 0.

Verisign Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.88. The company had revenue of $286.27 million for the quarter, compared to analysts expectations of $282.97 million. The companys revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS.

Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Kathleen A Cote (director) sold 5,000 shares at 84.00 per share price.On Aug 3, 2016, Timothy Tomlinson (director) sold 1,477 shares at 85.30 per share price.On Apr 30, 2015, Jamie S Gorelick (director) purchased 1,000 shares at 64.19 per share price.

VeriSign, Inc. (NASDAQ:VRSN) witnessed a decline in the market cap on Wednesday as its shares dropped 0.95% or 0.79 points. After the session commenced at $82.73, the stock reached the higher end at $83.42 while it hit a low of $82.08. With the volume soaring to 687,954 shares, the last trade was called at $82.19. The company has a 52-week high of $91.99. The company has a market cap of $8,410 million and there are 102,328,550 shares in outstanding. The 52-week low of the share price is $74.01.

Verisign, a global leader in domain names and Internet security, enables Internet navigation for many of the worlds most recognized domain names and provides protection for websites and enterprises around the world. Verisign ensures the security, stability and resiliency of key Internet infrastructure and services, including the .com and .net domains and two of the Internets root servers, as well as performs the root-zone maintainer functions for the core of the Internets Domain Name System (DNS). Verisigns Security Services include intelligence-driven Distributed Denial of Service Protection, iDefense Security Intelligence and Managed DNS.



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