Guidewire Software, Inc. (NYSE:GWRE) developer of software products for property and casualty insurers, is expected to report first quarter earnings results, after market close, on Tuesday 8th December 2020.
Analysts polled by Thomson Reuters anticipate first quarter loss of $ 0.05 per share from revenue of $ 164.62 million.
Looking ahead, the full year income are expected at $ 0.11 per share on the revenues of $ 730.48 million.
The Company Outlook
Revenue for 1Q21 are expected in a range of $ 162.00 million ~ $ 166.00 million
Full Year 2021 topline are forecasted in a range of$ 723.00 million ~ $ 733.00 million
Click Here For More Historical Outlooks Of Guidewire Software, Inc.
Previous Quarter Performance
Guidewire Software, Inc. reported income for the fourth quarter of $ 0.83 per share, from the revenue of $ 243.67 million. The quarterly earnings extended 48.21 percent while revenues gained 17.23 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.45 per share from $ 208.94 million in revenue. The bottom line results beat street analysts by $ 0.38 or 84.44 percent, at the same time, top line results outshined analysts by $ 34.73 million or 16.62 percent.
Stock Performance
Shares of Guidewire Software, Inc. traded low $ -3.65 or -2.83 percent on Monday, reaching $ 125.47 with volume of 530.50 thousand shares. Guidewire Software, Inc. has traded high as $ 129.36 and has cracked $ 125.07 on the downward trend
According to the previous trading day, closing price of $ 125.47, representing a 80.23 % increase from the 52 week low of $ 71.64 and a 0.42 % decrease over the 52 week high of $ 129.66.
The company has a market capital of $ 10.51 billion and is part of the Technology sector and Software – Infrastructure industry.
Recent Analyst recommendations
- On 14th October 2020, maintained by Needham & Company LLC at Buy rating, with $ 130.00 target price.
Conference Call
Guidewire Software, Inc. will be hosting a conference call at 5:00 PM eastern time on 8th December 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, (877) 705-6003 Toll Free or (201) 493-6725 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.guidewire.com
Guidewire Software, Inc. provides software products for property and casualty insurers worldwide. The company offers Guidewire InsuranceSuite comprising Guidewire PolicyCenter, BillingCenter, and ClaimCenter applications.
