Clarivate Analytics Plc (NYSE:CCC) is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.15 per share.
Looking ahead, the full year income are expected at $ 0.59 per share on the revenues of $ 1222.52 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,160.00 million ~ $ 1,190.00 million, where as bottomline are predicted in a range of $ 0.53 ~ $ 0.59 per share
Click Here For More Historical Outlooks Of Clarivate Analytics Plc
Previous Quarter Performance
Clarivate Analytics Plc outlined income for the second quarter of $ 0.18 per share, from the revenue of $ 276.90 million. The quarterly earnings increased 63.64 percent while revenues escalated 14.23 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.14 per share from $ 286.68 million in revenue. The bottom line results beat street analysts by $ 0.04 or 28.57 percent, at the same time, top line results fell short of analysts by $ 9.78 million or 3.41 percent.
Stock Performance
Shares of Clarivate Analytics Plc traded low $ -0.46 or -1.52 percent on Wednesday, reaching $ 29.90 with volume of 1.38 million shares. Clarivate Analytics Plc has traded high as $ 30.28 and has cracked $ 29.66 on the downward trend
According to the previous trading day, closing price of $ 29.90, representing a 102.40 % increase from the 52 week low of $ 15.00 and a 9.51 % decrease over the 52 week high of $ 33.55.
The company has a market capital of $ 18.72 billion and is part of the Industrial Goods sector and Pollution & Treatment Controls industry.
