Ellie Mae (NYSE:ELLI) will issue its quarterly earnings data after the market closes on Thursday, October 25th. Analysts expect the company to announce earnings of $0.33 per share for the quarter. Ellie Mae has set its Q3 guidance at $0.52-0.57 EPS and its FY18 guidance at $1.79-1.92 EPS.
Ellie Mae (NYSE:ELLI) last released its quarterly earnings data on Thursday, July 26th. The software maker reported $0.54 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.13. The business had revenue of $125.00 million during the quarter, compared to analyst estimates of $123.79 million. Ellie Mae had a return on equity of 4.50% and a net margin of 7.81%. The company’s revenue was up 20.1% on a year-over-year basis. During the same quarter last year, the business posted $0.51 EPS. On average, analysts expect Ellie Mae to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NYSE ELLI opened at $85.32 on Thursday. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 82.83, a P/E/G ratio of 5.27 and a beta of 0.77. Ellie Mae has a fifty-two week low of $82.03 and a fifty-two week high of $116.90.
In other Ellie Mae news, CEO Jonathan Corr sold 589 shares of the business’s stock in a transaction that occurred on Thursday, October 11th. The stock was sold at an average price of $83.87, for a total transaction of $49,399.43. Following the completion of the sale, the chief executive officer now directly owns 109,572 shares in the company, valued at approximately $9,189,803.64. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Sigmund Anderman sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 15th. The stock was sold at an average price of $101.97, for a total value of $1,529,550.00. Following the sale, the director now owns 42,901 shares of the company’s stock, valued at $4,374,614.97. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,264 shares of company stock valued at $2,167,821. 3.14% of the stock is owned by company insiders.
About Ellie Mae
Ellie Mae, Inc provides cloud-based platform for the mortgage finance industry in the United States. The company provides Encompass, a proprietary software solution that combines lead management; loan origination and processing; underwriting; preparation of mortgage applications, disclosure agreements, and closing documents; loan funding and closing; compliance with regulatory and investor requirements; and enterprise management.
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