On May, 2 The EPS for Mitel Networks Corporation (MITL) Expected At $-0.15

April 20, 2018 - By Arturo Altman

Mitel Networks Corporation (NASDAQ:MITL) Corporate Logo

On May, 2 Mitel Networks Corporation (NASDAQ:MITL)’s earnings release is expected by WallStreet, RTT reports. This year’s EPS analyst estimate is expected to be $-0.15. That is 6.25 % up compareed to $-0.16 EPS for last year. After $-0.01 EPS report last quarter, Wall Street now forecasts 1,400.00 % negative EPS growth of Mitel Networks Corporation. The stock increased 0.30% or $0.03 during the last trading session, touching $10.14.Currently Mitel Networks Corporation is uptrending after 34.90% change in last April 20, 2017. MITL has 1.23M shares volume. MITL outperformed by 23.35% the S&P500.

Mitel Networks Corporation (NASDAQ:MITL) Ratings Coverage

In total 3 analysts cover Mitel Networks (NASDAQ:MITL). “Buy” rating has 1, “Sell” are 0, while 2 are “Hold”. (NASDAQ:MITL) has 33% bullish analysts. With $14 highest and $9.5 lowest [Target], Mitel Networks has $11.75 average [Target] or 15.88% above the current ($10.14) price. 3 are the (NASDAQ:MITL)’s ratings reports on Apr 20, 2018 according to StockzIntelligence Inc. The company rating was downgraded by National Bank Canada on Wednesday, April 11. On Friday, February 16 RBC Capital Markets maintained Mitel Networks Corporation (NASDAQ:MITL) rating. RBC Capital Markets has “Hold” rating and $9.5 target.

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 firm is worth $1.22 billion. It operates through Cloud and Enterprise divisions.Last it reported 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.

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