$-0.13 EPS Expected for GTT Communications, Inc. (GTT)

February 15, 2018 - By Darrin Black

 $ 0.13 EPS Expected for GTT Communications, Inc. (GTT)

Analysts expect GTT Communications, Inc. (NYSE:GTT) to report $-0.13 EPS on March, 14.They anticipate $0.11 EPS change or 550.00 % from last quarter’s $-0.02 EPS. After having $0.04 EPS previously, GTT Communications, Inc.’s analysts see -425.00 % EPS growth. The stock increased 0.55% or $0.25 during the last trading session, reaching $45.7. About 63,511 shares traded. GTT Communications, Inc. (NYSE:GTT) has risen 78.59% since February 15, 2017 and is uptrending. It has outperformed by 61.89% the S&P500.

GTT Communications, Inc. (NYSE:GTT) Ratings Coverage

Among 9 analysts covering GTT Communications (NYSE:GTT), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. GTT Communications had 20 analyst reports since August 7, 2015 according to SRatingsIntel. On Monday, January 22 the stock rating was maintained by Craig Hallum with “Buy”. The rating was maintained by Jefferies with “Buy” on Thursday, August 3. The stock has “Overweight” rating by Pacific Crest on Friday, August 7. The stock of GTT Communications, Inc. (NYSE:GTT) earned “Buy” rating by Cowen & Co on Wednesday, October 18. The stock of GTT Communications, Inc. (NYSE:GTT) earned “Outperform” rating by Cowen & Co on Monday, October 12. On Monday, June 26 the stock rating was maintained by Jefferies with “Buy”. SunTrust maintained the stock with “Buy” rating in Wednesday, December 6 report. The stock has “Buy” rating by SunTrust on Friday, November 3. As per Friday, August 4, the company rating was maintained by Cowen & Co. The stock of GTT Communications, Inc. (NYSE:GTT) has “Buy” rating given on Wednesday, November 4 by Drexel Hamilton.

GTT Communications, Inc. provides cloud networking services to multinational enterprises, carriers, and government clients worldwide. The company has market cap of $1.99 billion. It offers private, public, and hybrid cloud network solutions; high bandwidth-Internet connectivity and IP transit, as well as broadband and wireless access services; managed equipment, security, and remote access services; and voice and unified communications services consisting of SIP trunking and enterprise PBX services. It currently has negative earnings. The company's IP network consists of approximately 250 points of presence.

More news for GTT Communications, Inc. (NYSE:GTT) were recently published by: Benzinga.com, which released: “Analyst: Multiple Expansion Less Likely For GTT Communications” on January 18, 2018. Businesswire.com‘s article titled: “GTT Announces Earnings Call for Fourth Quarter 2017” and published on February 14, 2018 is yet another important article.

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