Preview Of Verint Systems Inc. ($VRNT) 3Q21 Earnings

Verint Systems Inc. (NASDAQ:VRNT) is expected to report third quarter earnings results, after market close, on Wednesday 9th December 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.80 per share.

Looking ahead, the full year income are expected at $ 3.37 per share on the revenues of $ 1271.18 million.

The Company Outlook

Full Year 2021 topline are forecasted in a range of$ 1,426.00 million ~ $ 1,485.00 million, where as bottomline are predicted in a range of $ 4.00 ~ $ 4.00 per share

Click Here For More Historical Outlooks Of Verint Systems Inc.

Previous Quarter Performance

Verint Systems Inc. disclosed income for the second quarter of $ 1.06 per share, from the revenue of $ 313.41 million. The quarterly earnings elevated 29.27 percent while revenues fell 5.41 percent compared with the same quarter last year.
Street analysts expected Verint Systems Inc. to report income of $ 0.69 per share on revenue of $ 299.23 million for the second quarter. The bottom line results beat street analysts by $ 0.37 or 53.62 percent, at the same time, top line results outshined analysts by $ 14.18 million or 4.74 percent.

Stock Performance

Shares of Verint Systems Inc. traded up $ 1.23 or 2.15 percent on Tuesday, reaching $ 58.45 with volume of 484.80 thousand shares. Verint Systems Inc. has traded high as $ 58.57 and has cracked $ 57.13 on the downward trend

According to the previous trading day, closing price of $ 58.45, representing a 76.39 % increase from the 52 week low of $ 32.44 and a 6.37 % decrease over the 52 week high of $ 61.11.

The company has a market capital of $ 3.82 billion and is part of the Technology sector and Software – Application industry.

Verint Systems Inc. provides actionable intelligence solutions worldwide. The companys Customer Engagement Solutions segment offers automated quality management, automated verification, branch surveillance and investigation, case management, chat engagement, coaching/learning, compliance recording, customer communities, desktop and process analytics, and digital feedback solutions.

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