Tyler Technologies, Inc. (NYSE:TYL) is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.33 per share.
Looking ahead, the full year income are expected at $ 5.42 per share on the revenues of $ 1133.98 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,125.00 million ~ $ 1,145.00 million, where as bottomline are predicted in a range of $ 5.30 ~ $ 5.50 per share
Click Here For More Historical Outlooks Of Tyler Technologies, Inc.
Previous Quarter Performance
Tyler Technologies, Inc. outlined income for the second quarter of $ 1.38 per share, from the revenue of $ 271.33 million. Wall street analysts are predicting, TYL to report 2Q20 income of $ 1.20 per share from revenue of $ 278.59 million. The bottom line results beat street analysts by $ 0.18 or 15.00 percent, at the same time, top line results fell short of analysts by $ 7.26 million or 2.61 percent.
Stock Performance
Shares of Tyler Technologies, Inc. traded up $ 7.82 or 2.02 percent on Tuesday, reaching $ 395.26 with volume of 186.00 thousand shares. Tyler Technologies, Inc. has traded high as $ 397.30 and has cracked $ 390.23 on the downward trend
According to the previous trading day, closing price of $ 395.26, representing a 56.72 % increase from the 52 week low of $ 247.22 and a 4.32 % decrease over the 52 week high of $ 404.95.
The company has a market capital of $ 15.91 billion and is part of the Technology sector and Software – Application industry.
Recent Analyst recommendations
- On 22nd September 2020, upgraded by Robert W. Baird to Outperform from Neutral rating.
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector in the United States and internationally. The company operates in two segments, Enterprise Software, and Appraisal and Tax.
