Criteo S.A. (NASDAQ:CRTO) is reporting third quarter earnings results on Wednesday 28th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.17 per share from $ 172.18 million in revenue.
For the full year, analysts predict revenues of $ 773.06 million, while looking forward to income of $ 1.55 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 171.00 million ~ $ 173.00 million
Full Year 2020 topline are forecasted in a range of$ 851.91 million ~ $ 851.91 million
Click Here For More Historical Outlooks Of Criteo S.A.
Previous Quarter Performance
Criteo S.A. came out with income for the second quarter of $ 0.27 per share, from the revenue of $ 179.92 million. The quarterly earnings reduced 42.55 percent while revenues decreased 19.21 percent compared with the same quarter last year. The top line results outshined analysts by $ 22.68 million or 14.42 percent.
Stock Performance
Shares of Criteo S.A. traded up $ 0.22 or 1.60 percent on Tuesday, reaching $ 14.00 with volume of 366.90 thousand shares. Criteo S.A. has traded high as $ 14.14 and has cracked $ 13.41 on the downward trend
According to the previous trading day, closing price of $ 14.00, representing a 133.96 % increase from the 52 week low of $ 5.89 and a 33.43 % decrease over the 52 week high of $ 20.70.
The company has a market capital of $ 840.36 million and is part of the Technology sector and Internet Content & Information industry.
Conference Call
Criteo S.A. will be hosting a conference call at 8:00 AM eastern time on 28th October 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.criteo.com
Criteo S.A., a technology company, provides an advertising platform for the open Internet in France and internationally. The companys Criteo Shopper Graph, which collects clients proprietary commerce data, such as transaction activity on their digital properties. Its Criteo AI Engine solutions include Lookalike finder algorithms; recommendation algorithms; predictive bidding algorithms; bidding engine that executes campaigns based on certain objectives set by its clients; dynamic creative optimization+, which assembles customized creative advertising content by optimizing each individual creative component in the advertisement; software systems and processes, which enable data synchronization, storage, and analysis of distributed computing infrastructure in various geographies; and experimentation platform, an offline/online platform to enhance the capabilities and effectiveness of prediction models.
