Revenue Update on General Employment Enterprises(NYSEMKT:JOB)

General Employment Enterprises(NYSEMKT:JOB) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during Pre-Market on Feb 14, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $21.006M. Analysts estimated a revenue of $21.880M. The revenues were -3.99% below the estimates. Earnings per share were $0.01. Analysts had estimated an EPS of $0.01.

General Employment Enterprises (JOB) made into the market gainers list on Wednesdays trading session with the shares advancing 0.22% or 0.01 points. Due to strong positive momentum, the stock ended at $4.51, which is also near the day’s high of $4.59. The stock began the session at $4.5222 and the volume stood at 5,879 shares. The 52-week high of the shares is $6.89 and the 52 week low is $3.61. The company has a current market capitalization of $42 M and it has 93,78,892 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 10, 2016, Arthur B Laffer (director) purchased 50,000 shares at $3.85 per share price.Also, On Feb 22, 2016, Peter J Tanous (director) purchased 2,500 shares at $4.70 per share price.On Feb 22, 2016, Thomas Charles Williams (director) purchased 7,500 shares at $4.72 per share price, according to the Form-4 filing with the securities and exchange commission.

General Employment Enterprises Inc. provides permanent and temporary professional industrial and physician assistant staffing and placement services. The Company has two operating business segments: Contract staffing services and Direct hire placement services. It specializes in the placement of information technology engineering medical and accounting professionals for direct hire and contract staffing and temporary staffing services in light industrial staffing. It also offers data entry assistants with electronic medical records services for emergency departments specialty physician practices and clinics. Together with its subsidiaries it provides staffing services through a network of branch offices. Its professional staffing services provide information technology medical and accounting professionals to clients on a regular placement basis or a temporary contract basis. Its industrial staffing business provides weekly temporary staffing for light industrial clients.

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