InnerWorkings (NASDAQ:INWK) issued an update on its FY18 earnings guidance on Monday morning. The company provided EPS guidance of $0.56-0.59 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.58. The company issued revenue guidance of $1.195-1.230 billion, compared to the consensus revenue estimate of $1.20 billion.
Shares of INWK stock traded up $0.27 during trading hours on Thursday, hitting $9.49. The company’s stock had a trading volume of 228,087 shares, compared to its average volume of 284,341. The firm has a market capitalization of $486.03, a PE ratio of 23.15, a P/E/G ratio of 1.18 and a beta of 1.62. InnerWorkings has a twelve month low of $8.19 and a twelve month high of $12.03. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.84 and a quick ratio of 1.67.
InnerWorkings (NASDAQ:INWK) last released its quarterly earnings results on Monday, March 12th. The business services provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.08). The business had revenue of $301.00 million during the quarter, compared to analyst estimates of $304.90 million. InnerWorkings had a net margin of 1.67% and a return on equity of 8.01%. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.12 earnings per share. sell-side analysts anticipate that InnerWorkings will post 0.57 earnings per share for the current year.
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InnerWorkings, Inc is a marketing execution company. The Company’s software applications and databases create an integrated solution that stores, analyzes and tracks the production capabilities of its supplier network, as well as detailed pricing data. The Company’s segments include North America and International.
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