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PRFT

Perficient

$18.41

-0.58 (-3.05%)

08:07
08/03/17
08/03
08:07
08/03/17
08:07

Perficient narrows FY17 adjusted EPS view $1.19-$1.29, consensus $1.21

Perficient is narrowing its previously provided FY17 revenue guidance range to $490M to $510M consensus $496.43M, and narrowing its FY17 adjusted earnings per share guidance to a range of $1.19 to $1.29.

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PRFT Perficient
$18.41

-0.58 (-3.05%)

11/04/16
11/04/16
DOWNGRADE
Target $17

Market Perform
Perficient downgraded to Market Perform on Q3, guidance miss at Avondale
As previously reported, Avondale downgraded Perficient to Market Perform from Outperform and lowered its price target to $17 from $22. Analyst Peter Heckmann said Perficient reported disappointing Q3 results and guidance due to delays in project starts and bookings pressure and recommends staying on the sidelines until the outlook becomes more clear.
11/04/16
AVON
11/04/16
DOWNGRADE
AVON
Market Perform
Perficient downgraded to Market Perform from Outperform at Avondale

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