Stock Alert: Endurance International Up 25% As Co. Sees Revenues Above Consensus

(RTTNews) - Shares of Endurance International Group Holdings, Inc. (EIGI) are currently gaining nearly 25% on Tuesday morning, after the company issued a revenue guidance for the second quarter and full year 2020, which is above Wall Street analysts' estimates.

EIGI is currently trading at $4.89, up $0.95 or 24.11%, on the Nasdaq.

For the second quarter, Endurance International sees revenues of about $274 million, compared to analysts' consensus of $271.25 million. The company expects 2020 revenue of about $1.1 billion, compared to analysts' consensus of $1.09 billion.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.