Cubic Corporation (NYSE:CUB) is reporting fourth quarter financial results on Wednesday 18th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, CUB is expected to report 4Q20 income of $ 2.04 per share from revenue of $ 479.62 million.
For the full year, analysts anticipate top line of $ 1480.44 million, while looking forward to income of $ 2.50 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,580.00 million ~ $ 1,640.00 million, where as bottomline are predicted in a range of $ 3.10 ~ $ 3.70 per share
Click Here For More Historical Outlooks Of Cubic Corporation
Previous Quarter Performance
Cubic Corporation outlined income for the third quarter of $ 0.74 per share, from the revenue of $ 350.44 million. Wall street analysts are predicting, CUB to report 3Q20 income of $ 0.68 per share from revenue of $ 376.90 million. The bottom line results beat street analysts by $ 0.06 or 8.82 percent, at the same time, top line results fell short of analysts by $ 26.46 million or 7.02 percent.
Stock Performance
Shares of Cubic Corporation traded low $ -0.15 or -0.23 percent on Tuesday, reaching $ 65.06 with volume of 396.40 thousand shares. Cubic Corporation has traded high as $ 65.46 and has cracked $ 63.54 on the downward trend
According to the previous trading day, closing price of $ 65.06, representing a 111.31 % increase from the 52 week low of $ 30.86 and a 12.01 % decrease over the 52 week high of $ 74.11.
The company has a market capital of $ 2.04 billion and is part of the Industrials sector and Aerospace & Defense industry.
Recent Analyst recommendations
- On 5th October 2020, maintained by Needham & Company LLC at Buy rating, with $ 65.00 target price.
- On 1st October 2020, maintained by Canaccord Genuity at Buy rating, with $ 65.00 target price.
Conference Call
Cubic Corporation will be hosting a conference call at 5:00 PM eastern time on 18th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 833-968-2299 U.S. or 778-560-2777 Toll Number, and the passcode is 4459744 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.cubic.com
Cubic Corporation provides various integrated solutions worldwide. Its solutions enhance the situational understanding for transportation, defense, and training customers, as well as for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) customers. The company operates through three segments: Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD), and Cubic Mission Solutions (CMS).
