EPS for 8×8, Inc. (EGHT) Expected At $-0.05

May 23, 2018 - By Winifred Garcia

8x8, Inc. (NYSE:EGHT) LogoInvestors sentiment decreased to 0.91 in Q4 2017. Its down 0.15, from 1.06 in 2017Q3. It turned negative, as 26 investors sold 8×8, Inc. shares while 51 reduced holdings. 24 funds opened positions while 46 raised stakes. 60.69 million shares or 3.79% more from 58.47 million shares in 2017Q3 were reported.
Pinebridge Investments Limited Partnership reported 39,034 shares. Juncture Wealth Strategies Limited Liability Com has 64,763 shares. Ls Inv Limited Liability has invested 0% in 8×8, Inc. (NYSE:EGHT). Amer Registered Investment Advisor owns 24,870 shares for 0.17% of their portfolio. Amalgamated Bank holds 0% or 12,954 shares in its portfolio. Pnc Ser Gp has 1,732 shares for 0% of their portfolio. Wells Fargo Mn has invested 0% of its portfolio in 8×8, Inc. (NYSE:EGHT). 58,031 were accumulated by Art Ltd Com. Blackrock Inc has 0.01% invested in 8×8, Inc. (NYSE:EGHT) for 11.26M shares. State Of Wisconsin Board invested in 779,950 shares or 0.03% of the stock. Deutsche Financial Bank Ag holds 219,578 shares or 0% of its portfolio. Ardsley Advisory Partners reported 24,000 shares or 0.04% of all its holdings. 292,975 are held by Fisher Asset Mgmt Ltd Liability Corporation. Jefferies Ltd Limited Liability Company holds 0% of its portfolio in 8×8, Inc. (NYSE:EGHT) for 14,118 shares. Moreover, Ameriprise has 0% invested in 8×8, Inc. (NYSE:EGHT) for 475,151 shares.

Since January 30, 2018, it had 0 insider buys, and 3 sales for $2.12 million activity. Shares for $1.79M were sold by MARTIN BRYAN R. Hakeman Darren J. had sold 8,000 shares worth $147,760.

Analysts expect 8×8, Inc. (NYSE:EGHT) to report $-0.05 EPS on May, 24 after the close.They anticipate $0.04 EPS change or 400.00 % from last quarter’s $-0.01 EPS. After having $-0.07 EPS previously, 8×8, Inc.’s analysts see -28.57 % EPS growth. The stock decreased 1.33% or $0.3 during the last trading session, reaching $22.25. About 749,687 shares traded or 16.20% up from the average. 8×8, Inc. (NYSE:EGHT) has risen 26.60% since May 23, 2017 and is uptrending. It has outperformed by 15.05% the S&P500.

8×8, Inc. provides cloud-based, enterprise-class software solutions for small and medium businesses, mid-market, and distributed enterprises worldwide. The company has market cap of $2.05 billion. The firm operates in two divisions, Americas and Europe. It currently has negative earnings. The companyÂ’s pure-cloud offering combines voice, conferencing, messaging, and video with integrated workflows and big data analytics on a single platform.

More news for 8×8, Inc. (NYSE:EGHT) were recently published by: Businesswire.com, which released: “8×8 Grants New Employee Inducement Awards Pursuant to NYSE Rule 303A.08” on April 26, 2018. Streetinsider.com‘s article titled: “8×8, Inc. (EGHT) Announces Acquisition of MarianaIQ” and published on May 15, 2018 is yet another important article.

8x8, Inc. (NYSE:EGHT) Institutional Positions Chart

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