NICE Ltd (NASDAQ:NICE) is expected to report third quarter earnings results, before market open, on Thursday 12th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.39 per share from revenue of $ 408.04 million.
Looking ahead, the full year income are expected at $ 5.62 per share on the revenues of $ 1646.28 million.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 1.33 ~ $ 1.43 per share, while revenues are expected in a range of $ 403.00 million ~ $ 413.00 million
Full Year 2020 topline are forecasted in a range of$ 1,690.00 million ~ $ 1,710.00 million, where as bottomline are predicted in a range of $ 5.65 ~ $ 5.85 per share
Click Here For More Historical Outlooks Of NICE Ltd
Previous Quarter Performance
NICE Ltd came out with income for the second quarter of $ 1.37 per share, from the revenue of $ 395.13 million. The quarterly earnings elevated 9.60 percent while revenues gained 3.61 percent compared with the same quarter last year.
Street analysts expected NICE Ltd to report income of $ 1.32 per share on revenue of $ 392.13 million for the second quarter. The bottom line results beat street analysts by $ 0.05 or 3.79 percent, at the same time, top line results outshined analysts by $ 3.00 million or 0.77 percent.
Stock Performance
Shares of NICE Ltd traded up $ 13.43 or 5.77 percent on Wednesday, reaching $ 246.00 with volume of 519.30 thousand shares. NICE Ltd has traded high as $ 246.85 and has cracked $ 232.23 on the downward trend
The closing price of $ 246.00, representing a 110.30 % increase from the 52 week low of $ 110.59 and a 8.97 % decrease over the 52 week high of $ 255.48.
The company has a market capital of $ 15.53 billion and is part of the Technology sector and Software – Application industry.
Conference Call
NICE Ltd will be hosting a conference call at 8:30 AM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1-866-804-8688 or +0800-783-0906 Toll Number, and the passcode is 308 565 57 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.nice.com
NICE Ltd. provides enterprise software solutions worldwide. The company operates in two segments, Customer Engagement, and Financial Crime and Compliance.
