ePlus inc. (NASDAQ:PLUS) is set to announce second quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, PLUS to report 2Q21 income of $ 1.21 per share.
For the full year, analysts anticipate top line of $ 1467.17 million, while looking forward to income of $ 5.22 per share bottom line.
Previous Quarter Performance
ePlus inc. unfold income for the first quarter of $ 1.51 per share, from the revenue of $ 355.03 million. The consensus estimates are income of $ 1.13 per share from $ 355.46 million in revenue. The bottom line results beat street analysts by $ 0.38 or 33.63 percent, at the same time, top line results fell short of analysts by $ 0.43 million or 0.12 percent.
Stock Performance
Shares of ePlus inc. traded up $ 3.94 or 5.73 percent on Tuesday, reaching $ 72.68 with volume of 44.50 thousand shares. ePlus inc. has traded high as $ 73.16 and has cracked $ 69.80 on the downward trend
According to the previous trading day, closing price of $ 72.68, representing a 61.63 % increase from the 52 week low of $ 42.53 and a 31 % decrease over the 52 week high of $ 99.63.
The company has a market capital of $ 985.06 million and is part of the Technology sector and Software – Application industry.
Conference Call
ePlus inc. will be hosting a conference call at 4:30 PM eastern time on 4th November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.eplus.com
ePlus inc., through its subsidiaries, provides information technology solutions that enable organizations to optimize their information technology (IT) environment and supply chain processes in the United States. It operates in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally-provided and outsourced services; and advanced professional and managed services, including ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services.
