GoDaddy Inc. (NYSE:GDDY) 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 $ 0.33 per share.
Looking ahead, the full year loss are expected at $ 3.05 per share on the revenues of $ 3289.22 million.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 835.00 million ~ $ 835.00 million
Full Year 2020 topline are forecasted in a range of$ 3,315.00 million ~ $ 3,315.00 million
Click Here For More Historical Outlooks Of GoDaddy Inc.
Previous Quarter Performance
GoDaddy Inc. recorded income for the second quarter of $ 0.25 per share, from the revenue of $ 806.40 million. The consensus estimates are income of $ 0.15 per share from $ 794.27 million in revenue. The bottom line results beat street analysts by $ 0.1 or 66.67 percent, at the same time, top line results outshined analysts by $ 12.13 million or 1.53 percent.
Stock Performance
Shares of GoDaddy Inc. traded up $ 2.05 or 2.84 percent on Tuesday, reaching $ 74.14 with volume of 949.50 thousand shares. GoDaddy Inc. has traded high as $ 74.42 and has cracked $ 72.12 on the downward trend
According to the previous trading day, closing price of $ 74.14, representing a 79.11 % increase from the 52 week low of $ 40.25 and a 19 % decrease over the 52 week high of $ 89.00.
The company has a market capital of $ 12.45 billion and is part of the Technology sector and Internet Content & Information industry.
Conference Call
GoDaddy Inc. will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.godaddy.com
GoDaddy Inc. designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company provides domain name registration product that enables to engage customers at the initial stage of establishing a digital identity; and hosting products, including shared Website hosting, Website hosting on virtual private servers and virtual dedicated servers, managed hosting, and security.