Synchronoss Technologies Earnings Expectations (SNCR)

On Monday, we’ll get to see earnings out of Synchronoss Technologies, Inc. (NASDAQ:SNCR). The estimates from First Call for the transaction management software developer are $0.20 EPS on $35.65 million in revenues. Estimates for fiscal 2008 are $0.91 EPS on $166.16 million in revenues. Analysts still have an average price target north of $42.00 despite a huge sell-off in the stock in January. If Friday’s closing prices are any indicator and if the earnings were coming out immediately, it appears that options traders would be pricing in a move of up to $2.00 or more in either direction. We’d note…
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  2 February, 2008| Economy | @ 15:00

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