PFSweb, Inc. ($PFSW) 3Q20 Earnings Preview

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PFSweb, Inc. (NASDAQ:PFSW) is set to announce third quarter earning results on Friday 6th November 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, PFSW to report 3Q20 loss of $ 0.01 per share.

For the full year, analysts anticipate top line of $ 319.83 million, while looking forward to income of $ 0.42 per share bottom line.

Previous Quarter Performance

PFSweb, Inc. revealed income for the second quarter of $ 0.23 per share, from the revenue of $ 82.44 million. The quarterly earnings developed 1,050.00 percent while revenues gained 20.33 percent compared with the same quarter last year. Street analysts expected $ 69.54 million. The top line results outshined analysts by $ 12.90 million or 18.55 percent.

Stock Performance

Shares of PFSweb, Inc. traded up $ 0.97 or 15.28 percent on Thursday, reaching $ 7.32 with volume of 116.30 thousand shares. PFSweb, Inc. has traded high as $ 7.37 and has cracked $ 6.39 on the downward trend

According to the previous trading day, closing price of $ 7.32, representing a 323.33 % increase from the 52 week low of $ 1.50 and a 35.79 % decrease over the 52 week high of $ 9.89.

The company has a market capital of $ 148.22 million and is part of the Industrials sector and Business Services industry.

Conference Call

PFSweb, Inc. will be hosting a conference call at 8:30 AM eastern time on 6th 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.pfsweb.com

PFSweb, Inc. provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, LiveArea Professional Services and PFS Operations.