Preview Of FLIR Systems, Inc. ($FLIR) 3Q20 Earnings

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FLIR Systems, Inc. (NASDAQ:FLIR) is reporting third quarter earnings results on Friday 30th October 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.55 per share.

For the full year, analysts predict revenues of $ 1900.04 million, while looking forward to income of $ 2.20 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,850.00 million ~ $ 1,925.00 million, where as bottomline are predicted in a range of $ 2.10 ~ $ 2.30 per share

Click Here For More Historical Outlooks Of FLIR Systems, Inc.

Previous Quarter Performance

FLIR Systems, Inc. reported income for the second quarter of $ 0.64 per share, from the revenue of $ 482.01 million. Street analysts expected FLIR Systems, Inc. to report income of $ 0.52 per share on revenue of $ 473.08 million for the second quarter. The bottom line results beat street analysts by $ 0.12 or 23.08 percent, at the same time, top line results outshined analysts by $ 8.93 million or 1.89 percent.

Stock Performance

Shares of FLIR Systems, Inc. traded up $ 0.36 or 1.06 percent on Thursday, reaching $ 34.38 with volume of 1.38 million shares. FLIR Systems, Inc. has traded high as $ 34.62 and has cracked $ 33.46 on the downward trend

According to the previous trading day, closing price of $ 34.38, representing a 42.64 % increase from the 52 week low of $ 23.85 and a 42.77 % decrease over the 52 week high of $ 59.44.

The company has a market capital of $ 4.51 billion and is part of the Technology sector and Scientific & Technical Instruments industry.

Recent Stock Dividend Announcement

On August 6, 2020, the board of directors authorized quarterly dividend of $ 0.17 per share to holders of record as of the close of business on August 21, 2020, with payment date of September 4, 2020 and ex-dividend date on August 20, 2020.

Conference Call

FLIR Systems, Inc. will be hosting a conference call at 9:00 AM eastern time on 30th 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.flir.com

FLIR Systems, Inc. designs, develops, markets, and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company operates in three segments: Industrial Business Unit, Government and Defense Business Unit, and Commercial Business Unit.