Information Services Group (III) Scheduled to Post Earnings on Monday

Information Services Group (NASDAQ:III) will announce its earnings results after the market closes on Monday, August 5th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Information Services Group has set its Q2 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Information Services Group (NASDAQ:III) last released its quarterly earnings data on Thursday, May 9th. The business services provider reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.05). Information Services Group had a negative net margin of 0.26% and a positive return on equity of 7.81%. The company had revenue of $64.27 million during the quarter, compared to analyst estimates of $66.05 million. On average, analysts expect Information Services Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Information Services Group Price Performance

NASDAQ:III opened at $3.26 on Friday. Information Services Group has a one year low of $2.92 and a one year high of $5.36. The company has a market cap of $158.66 million, a P/E ratio of -163.00, a P/E/G ratio of 1.46 and a beta of 0.95. The firm’s fifty day moving average price is $3.20 and its two-hundred day moving average price is $3.69. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.23 and a quick ratio of 2.23.

Information Services Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 5th. Shareholders of record on Friday, June 14th were issued a $0.045 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $0.18 annualized dividend and a dividend yield of 5.52%. Information Services Group’s dividend payout ratio is currently -900.00%.

Analyst Upgrades and Downgrades

Separately, Barrington Research reiterated an “outperform” rating and issued a $3.50 price objective on shares of Information Services Group in a report on Friday, July 12th.

Information Services Group Company Profile

Information Services Group, Inc, together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.