Guidewire Software, Inc. (NYSE:GWRE) is set to announce fourth quarter earning results on Wednesday 2nd September 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GWRE to report 4Q20 income of $ 0.45 per share.
For the full year, analysts anticipate top line of $ 707.55 million, while looking forward to income of $ 0.88 per share bottom line.
The Company Outlook
Revenue for 4Q20 are expected in a range of $ 204.90 million ~ $ 212.90 million
Full Year 2020 topline are forecasted in a range of$ 703.50 million ~ $ 711.50 million, where as bottomline are predicted in a range of $ 0.84 ~ $ 0.92 per share
Click Here For More Historical Outlooks Of Guidewire Software, Inc.
Previous Quarter Performance
Guidewire Software, Inc. announced income for the third quarter of $ 0.09 per share, from the revenue of $ 168.16 million. The quarterly earnings dropped 50.00 percent compared with the same quarter last year. Street analysts expected Guidewire Software, Inc. to report loss of $ 0.05 per share on revenue of $ 153.43 million for the third quarter. The bottom line results beat street analysts by $ 0.14 or 280.00 percent, at the same time, top line results outshined analysts by $ 14.73 million or 9.60 percent.
Stock Performance
Shares of Guidewire Software, Inc. traded up $ 4.86 or 4.33 percent on Tuesday, reaching $ 117.17 with volume of 350.20 thousand shares. The stock opened positive for the day at $ 113.24, after closing the previous day trading at $ 112.31.
According to the previous trading day, closing price of $ 112.31, representing a 56.77 % increase from the 52 week low of $ 71.64 and a 9.54 % decrease over the 52 week high of $ 124.16.
The company has a market capital of $ 9.75 billion and is part of the Technology sector and Software – Infrastructure industry.
Conference Call
Guidewire Software, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd September 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, (877) 705-6003 U.S. or (201) 493-6725 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/q5pvby4n
Guidewire Software, Inc. provides software products for property and casualty insurers worldwide. The company offers Guidewire InsuranceSuite comprising Guidewire PolicyCenter, BillingCenter, and ClaimCenter applications.
