Endava plc (NYSE:DAVA) is set to announce first quarter earning results on Thursday 12th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, DAVA to report 1Q21 income of $ 21.79 per share.
For the full year, analysts anticipate top line of $ 550.25 million, while looking forward to income of $ 100.94 per share bottom line.
The Company Outlook
Earnings for 1Q21 are anticipated in a range of $ 0.28 ~ $ 0.29 per share, while revenues are expected in a range of $ 123.69 million ~ $ 125.02 million
Click Here For More Historical Outlooks Of Endava plc
Previous Quarter Performance
Endava plc outlined income for the fourth quarter of $ 0.29 per share, from the revenue of $ 112.24 million. The quarterly earnings up 16.00 percent while revenues up 18.13 percent compared with the same quarter last year.
According to street consensus, DAVA was expected to report 4Q20 income of $ 16.09 per share from revenue of $ 111.23 million. The bottom line results missed street analysts by $ 15.8 or 98.2 percent, at the same time, top line results outshined analysts by $ 1.01 million or 0.91 percent.
Stock Performance
Shares of Endava plc traded up $ 3.08 or 4.71 percent on Wednesday, reaching $ 68.52 with volume of 206.90 thousand shares. Endava plc has traded high as $ 68.77 and has cracked $ 66.09 on the downward trend
The closing price of $ 68.52, representing a 140.50 % increase from the 52 week low of $ 27.21 and a 6.51 % decrease over the 52 week high of $ 70.00.
The company has a market capital of $ 4.15 billion and is part of the Technology sector and Software – Infrastructure industry.
Recent Analyst recommendations
- On 16th September 2020, upgraded by Citigroup to Buy from Neutral rating, with $ 67.00 target price.
- On 16th September 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 59.00 target price.
- On 15th September 2020, maintained by Needham & Company LLC at Buy rating, with $ 67.00 target price.
Conference Call
Endava plc will be hosting a conference call at 8:00 AM eastern time on 12th November 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, (866) 324-3683 U.S. or (509) 844-0959 Outside U.S., and the passcode is 3084871 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.endava.com
Endava plc provides technology services for clients in the consumer products, healthcare, logistics, and retail verticals in Europe, Latin America, and the United States. It offers strategy, creative and user experience, insights through data, mobile and Internet of Things, architecture, smart automation, software engineering, test automation and engineering, continuous delivery, cloud, applications management, and smart desk services across the digital evolution, agile transformation, and automation solution areas. The company was founded in 2000 and is headquartered in London, United Kingdom.
