Unisys Corporation (NYSE:UIS) is set to announce third quarter earning results on Tuesday 27th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, UIS to report 3Q20 income of $ 0.07 per share.
For the full year, analysts anticipate top line of $ 2000.40 million, while looking forward to income of $ 0.42 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 485.80 million ~ $ 491.80 million
Full Year 2020 topline are forecasted in a range of$ 2,654.00 million ~ $ 2,654.00 million
Click Here For More Historical Outlooks Of Unisys Corporation
Previous Quarter Performance
Unisys Corporation announced loss for the second quarter of $ 0.15 per share, from the revenue of $ 438.80 million. The quarterly revenues shrunk 36.36 percent compared with the same quarter last year. Street analysts expected Unisys Corporation to report loss of $ 0.07 per share on revenue of $ 460.27 million for the second quarter. The bottom line results missed street analysts by $ 0.08 or 114.29 percent, at the same time, top line results fell short of analysts by $ 21.47 million or 4.66 percent.
Stock Performance
Shares of Unisys Corporation traded up $ 0.15 or 1.26 percent on Friday, reaching $ 12.09 with volume of 433.70 thousand shares. Unisys Corporation has traded high as $ 12.30 and has cracked $ 12.00 on the downward trend
According to the previous trading day, closing price of $ 12.09, representing a 45.26 % increase from the 52 week low of $ 8.22 and a 34.14 % decrease over the 52 week high of $ 18.13.
The company has a market capital of $ 761.88 million and is part of the Technology sector and Information Technology Services industry.
Conference Call
Unisys Corporation will be hosting a conference call at 8:00 AM eastern time on 27th 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.unisys.com
Unisys Corporation operates as an information technology company worldwide. It operates in two segments, Services and Technology. The Services segment offers cloud and infrastructure services, application services, and business process outsourcing services.
