Earnings Forecast Research on MeetMe, Inc. (MEET)

MeetMe, Inc. has received $0.17 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at 30.77%.

MeetMe, Inc. results fell short with a surprise EPS of -20% or $-0.02. The Actual EPS was $0.08 compared to the Estimated EPS of $0.1 during its most recent quarterly earnings. New Hope based MeetMe, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Mar 06, 2017.

MeetMe, Inc. has a Price to Earnings ratio of 14.53 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.74. For the Most Recent Fiscal Year, MeetMe, Inc. has a price to cash ratio of 15.69. For the Trailing twelve month period, company showed a Net Profit Margin of 63.55% and Return on Equity of the stock is 15.13%.

In the last quarter, MeetMe, Inc. reported Annual Earnings of $0.08. Based on the filings, last years Annual Earnings was, $0.22. In the last Quarter, MEET reported a surprise Earnings per Share of -20% . The consensus estimate for current quarter is $0.17 and for the current fiscal year, the estimate is $0.39. For the Next fiscal year, the estimate is $0.44 based on the consensus.

MeetMe, Inc. (NASDAQ:MEET) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.02 points or 0.4% at $4.92 with 1,295,067 shares getting traded. Post opening the session at $4.92, the shares hit an intraday low of $4.88 and an intraday high of $4.975 and the price was in this range throughout the day. The company has a market cap of $290 million and the number of outstanding shares has been calculated to be 58,863,717 shares. The 52-week high of MeetMe, Inc. (NASDAQ:MEET) is $8.11 and the 52-week low is $2.57.

MeetMe, Inc. owns and operates a social network. It enables users to meet new people through social games and apps, monetized by both advertising and virtual currency. The company operates MeetMe.com, Quepasa.com and MeetMe apps on iPhone and Android. MeetMe, Inc., formerly known as Quepasa Corporation, is headquartered in New Hope, Pennsylvania.

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