Telos (TLS) Set to Announce Quarterly Earnings on Tuesday

Telos (NASDAQ:TLS - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Tuesday, November 12th. Analysts expect Telos to post earnings of ($0.14) per share for the quarter. Telos has set its Q3 2024 guidance at EPS.Investors interested in listening to the company's conference call can do so using this link.

Telos (NASDAQ:TLS - Get Free Report) last announced its quarterly earnings data on Friday, August 9th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.23) by $0.11. Telos had a negative net margin of 22.74% and a negative return on equity of 22.81%. The business had revenue of $28.50 million for the quarter, compared to analyst estimates of $26.57 million. On average, analysts expect Telos to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Telos Stock Performance

Shares of Telos stock traded up $0.30 on Tuesday, reaching $4.12. 822,790 shares of the company traded hands, compared to its average volume of 555,613. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.76 and a quick ratio of 4.70. The firm has a market capitalization of $297.71 million, a PE ratio of -9.58 and a beta of 0.96. The company has a 50 day moving average of $3.52 and a 200 day moving average of $3.65. Telos has a 52 week low of $1.89 and a 52 week high of $5.03.

Analyst Ratings Changes

TLS has been the subject of a number of recent research reports. B. Riley reissued a "buy" rating and issued a $5.00 target price on shares of Telos in a research report on Thursday, August 29th. DA Davidson reduced their target price on shares of Telos from $3.50 to $2.50 and set a "neutral" rating for the company in a research note on Monday, August 12th. Needham & Company LLC restated a "hold" rating on shares of Telos in a research note on Monday, August 12th. Finally, BMO Capital Markets reduced their price objective on shares of Telos from $4.00 to $3.00 and set a "market perform" rating for the company in a research note on Tuesday, August 13th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $4.50.

Insider Buying and Selling

In other Telos news, CEO John B. Wood purchased 158,644 shares of Telos stock in a transaction on Monday, August 12th. The shares were acquired at an average cost of $2.39 per share, for a total transaction of $379,159.16. Following the completion of the transaction, the chief executive officer now directly owns 5,026,925 shares of the company's stock, valued at approximately $12,014,350.75. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 12.40% of the stock is owned by company insiders.

Telos Company Profile

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.