Blucora, Inc. (NASDAQ:BCOR) is set to announce third quarter earning results on Monday 9th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, BCOR to report 3Q20 income of $ 0.19 per share.
For the full year, analysts anticipate top line of $ 741.45 million, while looking forward to income of $ 0.95 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.15 ~ $ 0.23 per share, while revenues are expected in a range of $ 170.00 million ~ $ 177.50 million
Full Year 2020 topline are forecasted in a range of$ 733.00 million ~ $ 747.00 million, where as bottomline are predicted in a range of $ 0.83 ~ $ 0.98 per share
Click Here For More Historical Outlooks Of Blucora, Inc.
Previous Quarter Performance
Blucora, Inc. announced income for the second quarter of $ 0.09 per share, from the revenue of $ 161.12 million. The quarterly earnings reduced 89.16 percent while revenues decreased 16.84 percent compared with the same quarter last year.
Street analysts expected Blucora, Inc. to report income of $ 0.54 per share on revenue of $ 186.55 million for the second quarter. The bottom line results missed street analysts by $ 0.45 or 83.33 percent, at the same time, top line results fell short of analysts by $ 25.43 million or 13.63 percent.
Stock Performance
On Friday, shares of Blucora, Inc. has traded high as $ 11.14 and has cracked $ 10.73 on the downward trend, reaching $ 10.98 with volume of 252.70 thousand shares.
According to the previous trading day, closing price of $ 10.98, representing a 29.99 % increase from the 52 week low of $ 8.37 and a 58.96 % decrease over the 52 week high of $ 26.51.
The company has a market capital of $ 527.46 million and is part of the Financial Services sector and Asset Management industry.
Recent Analyst recommendations
- On 25th September 2020, maintained by Benchmark at Buy rating, with $ 17.00 target price.
Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company operates through two segments, Wealth Management and Tax Preparation.
