4.3 C
Thursday, January 21, 2021

CPTA Would Be Announcing a Sales Sum Of $6.14 Million For This Quarter

Several analysts have predicted that the stocks of CPTA would be reporting a sales sum of $6.14 million for the present quarter. According to reports, two of the analysts have already provided estimates on the earnings of the company, with them ranging from $5.80 million all the way to $6.48 million. CPTA did post sales of around $9.63 million last year, which indicates a negative annual growth rate of about 36.2%. The company will be posting its quarterly sales results on the 1st of March.

The Quarterly Earnings of CPTA

The stocks of CPTA did post their last results of quarterly earnings on the 8th of November. The company had reported an EPS of $0.33 for the quarter, which was more than what the consensus estimate was at $0.10. The return on equity for the investment management company was 1.74%, but the net margin was at a negative 118.60%. The revenue earned by the company during this quarter was $6.69 million, which was more than the consensus estimate of about $6.46 million. 

- Advertisement -

There have been quite a few companies that have commented on the stocks of CPTA. ValuEngine has already increased the stocks of the company from a rating of hold to a rating of buy in a research note that was published on the 1st of December. Zacks has, on the other hand, decreased the shares of the company from a rating of buy to a rating of hold in a 5th January research report. 

CPTA also saw some major changes when Director Larry W. Carroll bought close to 3,371 shares of the stocks of the company in an economic transaction that took place on the 18th of November. The average price of the shares was $10.48, which had a total transaction of about $35,328.08.

- Advertisement -

Follow Us


Latest news