Earnings Surprise Are On Cards For Verint Systems Inc. ($VRNT)?

108

Verint Systems Inc. (NASDAQ:VRNT) is expected to report second quarter earnings results, after market close, on Wednesday 9th September 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.69 per share from revenue of $ 299.23 million.

Looking ahead, the full year income are expected at $ 3.16 per share on the revenues of $ 1253.96 million.

The Company Outlook

Full Year 2021 topline are forecasted in a range of$ 1,426.00 million ~ $ 1,485.00 million, where as bottomline are predicted in a range of $ 4.00 ~ $ 4.00 per share

Click Here For More Historical Outlooks Of Verint Systems Inc.

Previous Quarter Performance

Verint Systems Inc. revealed income for the first quarter of $ 0.52 per share, from the revenue of $ 291.65 million. The quarterly earnings down 28.77 percent while revenues fell 10.03 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.68 per share from $ 323.29 million in revenue. The bottom line results missed street analysts by $ 0.16 or 23.53 percent, at the same time, top line results fell short of analysts by $ 31.64 million or 9.79 percent.

Stock Performance

Shares of Verint Systems Inc. traded low $ -0.49 or -1.02 percent on Tuesday, reaching $ 47.76 with volume of 873.50 thousand shares. Verint Systems Inc. has traded high as $ 48.21 and has cracked $ 46.47 on the downward trend

According to the previous trading day, closing price of $ 47.76, representing a 48.74 % increase from the 52 week low of $ 32.44 and a 19.35 % decrease over the 52 week high of $ 59.83.

The company has a market capital of $ 3.08 billion and is part of the Technology sector and Software – Application industry.

Conference Call

Verint Systems Inc. will be hosting a conference call at 4:30 PM eastern time on 9th September 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.verint.com

Verint Systems Inc. provides actionable intelligence solutions worldwide. The companys Customer Engagement Solutions segment offers automated quality management, automated verification, branch surveillance and investigation, case management, chat engagement, coaching/learning, compliance recording, customer communities, desktop and process analytics, and digital feedback solutions.