Northern Technologies International Corporation (NASDAQ:NTIC) is reporting third quarter financial results on Wednesday 8th July 2020, before market open.
According to analysts surveyed by Thomson Reuters, NTIC is expected to report 3Q20 loss of $ 0.06 per share from revenue of $ 10.30 million.
For the full year, analysts anticipate top line of $ 49.30 million, while looking forward to income of $ 0.07 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 62.00 million ~ $ 66.00 million, where as bottomline are predicted in a range of $ 0.60 ~ $ 0.80 per share
Stock Performance
According to the previous trading day, closing price of NTIC was $ 7.10, representing a 51.06 % increase from the 52 week low of $ 4.70 and a 52.28 % decrease over the 52 week high of $ 14.88.
The company has a market capital of $ 64.59 million and is part of the Basic Materials sector and Specialty Chemicals industry.
Conference Call
Northern Technologies International Corporation will be hosting a conference call at 9:00 AM eastern time on 8th July 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (877) 670-9776 Toll Free, (United States), with passcode : 9542688 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website ntic.gcs-web.com
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also provides a portfolio of biobased and certified compostable polymer resin compounds and finished products under the Natur-Tec brand.
