What Analysts Predict For Perficient, Inc. ($PRFT) 3Q20?

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Perficient, Inc. (NASDAQ:PRFT) is set to announce third quarter earning results on Thursday 29th October 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, PRFT to report 3Q20 income of $ 0.60 per share.

For the full year, analysts anticipate top line of $ 606.70 million, while looking forward to income of $ 2.28 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 610.00 million ~ $ 640.00 million, where as bottomline are predicted in a range of $ 2.30 ~ $ 2.45 per share

Click Here For More Historical Outlooks Of Perficient, Inc.

Previous Quarter Performance

Perficient, Inc. posted income for the second quarter of $ 0.57 per share, from the revenue of $ 146.34 million. The quarterly earnings 9.62 percent compared with the same quarter last year. The consensus estimates are income of $ 0.48 per share from $ 143.87 million in revenue. The bottom line results beat street analysts by $ 0.09 or 18.75 percent, at the same time, top line results outshined analysts by $ 2.47 million or 1.72 percent.

Stock Performance

Shares of Perficient, Inc. traded low $ -2.42 or -5.88 percent on Wednesday, reaching $ 38.76 with volume of 389.40 thousand shares. Perficient, Inc. has traded high as $ 40.52 and has cracked $ 38.60 on the downward trend

According to the previous trading day, closing price of $ 38.76, representing a 118.11 % increase from the 52 week low of $ 18.88 and a 23.4 % decrease over the 52 week high of $ 53.76.

The company has a market capital of $ 1.29 billion and is part of the Technology sector and Information Technology Services industry.

Conference Call

Perficient, Inc. will be hosting a conference call at 11:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.perficient.com

Perficient, Inc. provides information technology and management consulting services in the United States. The company designs, builds, and delivers solutions using middleware software products developed by third-party vendors.