ANSYS, Inc. (NASDAQ:ANSS) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, ANSS to report 3Q20 income of $ 1.26 per share.
For the full year, analysts anticipate top line of $ 1609.57 million, while looking forward to income of $ 6.09 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 1.10 ~ $ 1.34 per share, while revenues are expected in a range of $ 347.00 million ~ $ 377.00 million
Full Year 2020 topline are forecasted in a range of$ 1,570.00 million ~ $ 1,645.00 million, where as bottomline are predicted in a range of $ 5.75 ~ $ 6.35 per share
Click Here For More Historical Outlooks Of ANSYS, Inc.
Previous Quarter Performance
ANSYS, Inc. recorded income for the second quarter of $ 1.55 per share, from the revenue of $ 389.70 million. The consensus estimates are income of $ 1.16 per share from $ 354.40 million in revenue. The bottom line results beat street analysts by $ 0.39 or 33.62 percent, at the same time, top line results outshined analysts by $ 35.30 million or 9.96 percent.
Stock Performance
Shares of ANSYS, Inc. traded up $ 4.68 or 1.50 percent on Tuesday, reaching $ 315.91 with volume of 358.40 thousand shares. ANSYS, Inc. has traded high as $ 320.74 and has cracked $ 312.05 on the downward trend
According to the previous trading day, closing price of $ 315.91, representing a 55.56 % increase from the 52 week low of $ 200.07 and a 13.05 % decrease over the 52 week high of $ 357.93.
The company has a market capital of $ 27.10 billion and is part of the Technology sector and Software – Application industry.
ANSYS, Inc. develops and markets engineering simulation software and services worldwide. The company offers ANSYS Workbench, a framework upon which the companys engineering simulation technologies are built; ANSYS multiphysics software to simulate the interactions between structures, heat transfer, fluids, and electronics in a unified engineering simulation environment; and structural analysis product suite that provides simulation tools for product design and optimization.
