Top Wall Street Forecasters Revamp E2open Expectations Ahead Of Q1 Earnings
The acquisition price and lowered analyst targets signal weaker market confidence.
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The acquisition price and lowered analyst targets signal weaker market confidence.
What happened, with direct paths to the underlying reporting
ETWO to release earnings on July 10, projects $148.92M revenue. Quarterly earnings expected unchanged at 4 cents per share. E2open agrees to be acquired by WiseTech Global for $3.30/share. Analysts' ratings reflect a bearish outlook with lowered price targets. Recent trading shows E2open shares up 0.6% to $3.25.
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