Nuance Communications, Inc. (NASDAQ:NUAN) is reporting fourth quarter earnings results on Wednesday 18th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.16 per share.
For the full year, analysts predict revenues of $ 1472.06 million, while looking forward to income of $ 0.82 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,460.00 million ~ $ 1,480.00 million, where as bottomline are predicted in a range of $ 0.78 ~ $ 0.83 per share
Click Here For More Historical Outlooks Of Nuance Communications, Inc.
Previous Quarter Performance
Nuance Communications, Inc. communicated income for the third quarter of $ 0.18 per share, from the revenue of $ 338.40 million. The consensus estimates are income of $ 0.12 per share from $ 317.37 million in revenue. The bottom line results beat street analysts by $ 0.06 or 50.00 percent, at the same time, top line results outshined analysts by $ 21.03 million or 6.63 percent.
Stock Performance
Shares of Nuance Communications, Inc. traded low $ -0.24 or -0.69 percent on Tuesday, reaching $ 34.44 with volume of 2.82 million shares. Nuance Communications, Inc. has traded high as $ 35.00 and has cracked $ 34.19 on the downward trend
According to the previous trading day, closing price of $ 34.44, representing a 156.70 % increase from the 52 week low of $ 13.51 and a 4.59 % decrease over the 52 week high of $ 36.35.
The company has a market capital of $ 9.72 billion and is part of the Technology sector and Software – Application industry.
Recent Analyst recommendations
- On 23rd September 2020, maintained by Wedbush at Outperform rating, with $ 40.00 target price.
Conference Call
Nuance Communications, Inc. will be hosting a conference call at 5:00 PM eastern time on 18th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 1-888-317-6003 Toll Free, (United States) or 1-412-317-6061 Toll Number, and the passcode is 5887867 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.nuance.com
Nuance Communications, Inc. provides voice recognition and natural language understanding solutions worldwide. It operates through five segments: Healthcare, Automotive, Enterprise, Imaging, and Other.
