Anaplan, Inc. (NYSE:PLAN) is reporting third quarter earnings results on Tuesday 24th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.1 per share from $ 109.56 million in revenue.
For the full year, analysts predict revenues of $ 438.20 million, while looking forward to loss of $ 0.35 per share.
The Company Outlook
Revenue for 3Q21 are expected in a range of $ 109.00 million ~ $ 110.00 million
Full Year 2021 topline are forecasted in a range of$ 437.00 million ~ $ 439.00 million
Click Here For More Historical Outlooks Of Anaplan, Inc.
Previous Quarter Performance
Anaplan, Inc. outlined loss for the second quarter of $ 0.04 per share, from the revenue of $ 106.51 million. According to street consensus, PLAN was expected to report 2Q21 loss of $ 0.12 per share from revenue of $ 103.45 million. The bottom line results beat street analysts by $ 0.08 or 66.67 percent, at the same time, top line results outshined analysts by $ 3.06 million or 2.96 percent.
Stock Performance
Shares of Anaplan, Inc. traded up $ 0.11 or 0.18 percent on Monday, reaching $ 62.25 with volume of 4.68 million shares. Anaplan, Inc. has traded high as $ 62.67 and has cracked $ 60.89 on the downward trend
According to the previous trading day, closing price of $ 62.25, representing a 138.63 % increase from the 52 week low of $ 26.04 and a 8.43 % decrease over the 52 week high of $ 67.86.
The company has a market capital of $ 8.70 billion and is part of the Technology sector and Software – Infrastructure industry.
Recent Analyst recommendations
- On 7th October 2020, initiated by Jefferies Financial Group at Hold rating, with $ 65.00 target price.
Conference Call
Anaplan, Inc. will be hosting a conference call at 8:30 AM eastern time on 24th November 2020, to discuss its 3Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.anaplan.com
Anaplan, Inc. provides a cloud-based connected planning platform. Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in various lines of business, such as finance, sales, supply chain, marketing, human resources, and operations.
