Leaf Group (NASDAQ:LEAF) Releases Earnings Results, Beats Expectations By $0.02 EPS

Leaf Group (NASDAQ:LEAF) posted its quarterly earnings results on Thursday. The company reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.02, Fidelity Earnings reports. The company had revenue of $40.03 million during the quarter.

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Shares of NASDAQ:LEAF traded up $0.99 during mid-day trading on Friday, reaching $4.18. The company had a trading volume of 148,700 shares, compared to its average volume of 42,047. Leaf Group has a one year low of $2.72 and a one year high of $9.38. The company’s 50-day moving average price is $3.46 and its 200-day moving average price is $5.68.

Separately, Cowen cut shares of Leaf Group from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $10.00 to $7.00 in a report on Tuesday, August 6th.

Leaf Group Company Profile

Leaf Group Ltd., together with its subsidiaries, operates as a diversified consumer Internet company worldwide. The company operates in two segments, Marketplaces and Media. The Marketplaces segment offers Society6.com, which provides artists with an online commerce platform to feature and sell their original art and designs on consumer products in the home décor, accessories, and apparel categories; and Deny Designs, an artist-driven home décor brand.

Read More: Equity Income

Earnings History for Leaf Group (NASDAQ:LEAF)

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