Manhattan Associates, Inc. (NASDAQ:MANH) application software developer, is expected to report third quarter earnings results, after market close, on Thursday 22nd October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.39 per share.
Looking ahead, the full year income are expected at $ 1.57 per share on the revenues of $ 566.40 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 554.00 million ~ $ 570.00 million, where as bottomline are predicted in a range of $ 1.53 ~ $ 1.59 per share
Click Here For More Historical Outlooks Of Manhattan Associates, Inc.
Previous Quarter Performance
Manhattan Associates, Inc. recorded income for the second quarter of $ 0.40 per share, from the revenue of $ 135.63 million. The quarterly earnings fell 4.76 percent compared with the same quarter last year. According to street consensus, MANH was expected to report 2Q20 income of $ 0.34 per share from revenue of $ 127.34 million. The bottom line results beat street analysts by $ 0.06 or 17.65 percent, at the same time, top line results outshined analysts by $ 8.29 million or 6.51 percent.
Stock Performance
Shares of Manhattan Associates, Inc. traded up $ 1.17 or 1.20 percent on Wednesday, reaching $ 98.71 with volume of 396.40 thousand shares. Manhattan Associates, Inc. has traded high as $ 101.34 and has cracked $ 97.91 on the downward trend
The closing price of $ 98.71, representing a 177.10 % increase from the 52 week low of $ 35.20 and a 8.13 % decrease over the 52 week high of $ 106.17.
The company has a market capital of $ 6.27 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Manhattan Associates, Inc. will be hosting a conference call at 4:30 PM eastern time on 22nd 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.manh.com
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations. The company offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and store omni-channel solutions.
