SharpSpring, Inc. ($SHSP) 3Q20 Earnings Preview

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SharpSpring, Inc. (NASDAQ:SHSP) is expected to report third quarter earnings results, after market close, on Tuesday 10th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.03 per share.

Looking ahead, the full year loss are expected at $ 0.17 per share on the revenues of $ 29.85 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 29.50 million ~ $ 30.50 million

Click Here For More Historical Outlooks Of SharpSpring, Inc.

Previous Quarter Performance

SharpSpring, Inc. revealed loss for the second quarter of $ 0.03 per share, from the revenue of $ 7.27 million. The consensus estimates are loss of $ 0.11 per share from $ 7.26 million in revenue. The bottom line results beat street analysts by $ 0.08 or 72.73 percent, at the same time, top line results outshined analysts by $ 0.01 million or 0.14 percent.

Stock Performance

Shares of SharpSpring, Inc. traded up $ 0.82 or 6.05 percent on Monday, reaching $ 14.38 with volume of 176.20 thousand shares. SharpSpring, Inc. has traded high as $ 14.73 and has cracked $ 13.77 on the downward trend

According to the previous trading day, closing price of $ 14.38, representing a 201.33 % increase from the 52 week low of $ 4.50 and a 7.94 % decrease over the 52 week high of $ 14.73.

The company has a market capital of $ 166.13 million and is part of the Consumer Cyclical sector and Marketing Services industry.

Conference Call

SharpSpring, Inc. will be hosting a conference call at 4:30 PM eastern time on 10th November 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 sharpspring.com

SharpSpring, Inc. operates as a cloud-based marketing technology company worldwide. The company offers SharpSpring, a marketing automation solution for small and mid-size businesses.