Analysts See $-0.26 EPS for ION Geophysical Corporation (IO)

July 27, 2018 - By Catherine Diaz

ION Geophysical Corporation (NYSE:IO) Logo

Analysts expect ION Geophysical Corporation (NYSE:IO) to report $-0.26 EPS on August, 1.They anticipate $0.62 EPS change or 70.45 % from last quarter’s $-0.88 EPS. After having $-1.34 EPS previously, ION Geophysical Corporation’s analysts see -80.60 % EPS growth. The stock increased 1.18% or $0.3 during the last trading session, reaching $25.8. About 164,989 shares traded. ION Geophysical Corporation (NYSE:IO) has risen 421.35% since July 27, 2017 and is uptrending. It has outperformed by 408.78% the S&P500.

ION Geophysical Corporation (NYSE:IO) Ratings Coverage

Among 2 analysts covering Ion Geophysical Corp (NYSE:IO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ion Geophysical Corp has $3500 highest and $35 lowest target. $35’s average target is 35.66% above currents $25.8 stock price. Ion Geophysical Corp had 2 analyst reports since March 28, 2018 according to SRatingsIntel. The firm has “Buy” rating by Oppenheimer given on Wednesday, March 28.

ION Geophysical Corporation provides geoscience products, services, and solutions to the gas and oil industry worldwide. The company has market cap of $358.87 million. It operates through three divisions: E&P Technology & Services, E&P Operations Optimization, and Ocean Bottom Services. It currently has negative earnings. The E&P Technology & Services segment offers services to manage the entire seismic process, from survey planning and design to data acquisition and management, to final subsurface imaging and reservoir characterization.

Another recent and important ION Geophysical Corporation (NYSE:IO) news was published by Prnewswire.com which published an article titled: “Federal Circuit Court denies WesternGeco’s petition for rehearing on cancelled patent claims” on July 17, 2018.

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