Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) is set to announce first quarter earning results on Thursday 12th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, HOLI to report 1Q21 income of $ 0.45 per share.
For the full year, analysts anticipate top line of $ 557.63 million, while looking forward to income of $ 1.90 per share bottom line.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 533.53 million ~ $ 543.59 million
Click Here For More Historical Outlooks Of Hollysys Automation Technologies, Ltd.
Previous Quarter Performance
Hollysys Automation Technologies, Ltd. disclosed income for the fourth quarter of $ 0.04 per share, from the revenue of $ 129.22 million. The quarterly earnings decreased 91.84 percent compared with the same quarter last year. Street analysts expected Hollysys Automation Technologies, Ltd. to report income of $ 0.54 per share on revenue of $ 147.75 million for the fourth quarter. The bottom line results missed street analysts by $ 0.5 or 92.59 percent, at the same time, top line results fell short of analysts by $ 18.53 million or 12.54 percent.
Stock Performance
Shares of Hollysys Automation Technologies, Ltd. traded up $ 0.16 or 1.34 percent on Wednesday, reaching $ 12.10 with volume of 220.60 thousand shares. Hollysys Automation Technologies, Ltd. has traded high as $ 12.20 and has cracked $ 11.92 on the downward trend
The closing price of $ 12.10, representing a 25.42 % increase from the 52 week low of $ 9.52 and a 32.12 % decrease over the 52 week high of $ 17.59.
The company has a market capital of $ 732.50 million and is part of the Industrials sector and Diversified Industrials industry.
Conference Call
Hollysys Automation Technologies, Ltd. will be hosting a conference call at 8:00 PM eastern time on 12th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hollysys.com.sg
Hollysys Automation Technologies Ltd. provides automation and control technologies and products in the Peoples Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including third-party hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising real-time management information system, HolliAS asset management system, operator training system, HolliAS batch application package, HolliAS advanced process control package, and safety instrumentation system, as well as HOLLiAS-NMS DCS, a proprietary nuclear power non-safety automation and control system.
