Top Wall Street Forecasters Revamp E2open Expectations Ahead Of Q1 Earnings

Group 1 - E2open Parent Holdings, Inc. is set to release its first-quarter earnings results on July 10, with analysts expecting earnings of 4 cents per share, unchanged from the previous year [1] - The projected quarterly revenue for E2open is $148.92 million, a decrease from $151.16 million reported a year earlier [1] - E2open has agreed to be acquired by WiseTech Global for $3.30 per share in an all-cash deal [2] Group 2 - E2open shares closed at $3.25, reflecting a gain of 0.6% [2] - Goldman Sachs analyst Adam Hotchkiss has maintained a Sell rating on E2open, reducing the price target from $2.6 to $2.3 [4] - Loop Capital analyst Mark Schappel has maintained a Hold rating and cut the price target from $4 to $3 [4]