-$0.66 EPS Expected for Jumia Technologies AG – (NYSE:JMIA) This Quarter

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Analysts expect that Jumia Technologies AG – (NYSE:JMIA) will post earnings per share of ($0.66) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Jumia Technologies’ earnings. The firm is scheduled to issue its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Jumia Technologies will report full year earnings of ($2.77) per share for the current year, with EPS estimates ranging from ($3.04) to ($2.49). For the next fiscal year, analysts forecast that the firm will report earnings of ($2.61) per share, with EPS estimates ranging from ($2.61) to ($2.60). Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Jumia Technologies.

A number of equities research analysts have recently commented on the stock. Raymond James reaffirmed a “sell” rating on shares of Inter Pipeline in a report on Tuesday, May 14th. Royal Bank of Canada reduced their target price on shares of Toromont Industries from C$66.00 to C$65.00 and set a “sector perform” rating for the company in a report on Monday, May 6th. William Blair reaffirmed a “market perform” rating on shares of Luminex in a report on Tuesday, May 7th. Zacks Investment Research cut shares of ExlService from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 340 ($4.44) price target on shares of Stock Spirits Group in a research note on Tuesday, May 14th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $37.33.

Shares of NYSE:JMIA traded down $0.33 on Tuesday, reaching $24.54. The company’s stock had a trading volume of 720,963 shares, compared to its average volume of 581,893. The business has a 50-day moving average price of $25.05. Jumia Technologies has a 52-week low of $18.13 and a 52-week high of $49.77.

About Jumia Technologies

Jumia Technologies AG operates an e-commerce platform in Africa. The company's platform consists of marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets.

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