Form 8-K ZYNGA INC For: May 04
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Zynga's (ZNGA) Buy Rating Maintained at Benchmark
May 5, 2017 7:43 AM EDTBenchmark maintained a Buy rating on Zynga (NASDAQ: ZNGA) with a price target of $3.65 following the release of strong Q1 results and guidance. Analyst Mike Hickey noted bookings and OIBDA that exceeded guidance and Street consensus, led by better than expected mobile bookings performance.
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Zynga (ZNGA) Misses Q1 EPS by 2c
May 4, 2017 4:10 PM EDTZynga (NASDAQ: ZNGA) reported Q1 EPS of ($0.01), $0.02 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $194.3 million versus the consensus estimate of $191.54 million.
GUIDANCE:
Zynga sees Q2 2017 revenue of $200 million, versus the consensus of $199.8 million.
For earnings history and earnings-related data on Zynga (ZNGA) click here.
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