NV5 Global, Inc. (NASDAQ:NVEE) provider of technical engineering and consulting solutions, is reporting third quarter earnings results on Wednesday 11th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.70 per share.
For the full year, analysts predict revenues of $ 650.41 million, while looking forward to income of $ 3.25 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 700.00 million ~ $ 730.00 million, where as bottomline are predicted in a range of $ 4.38 ~ $ 4.90 per share
Click Here For More Historical Outlooks Of NV5 Global, Inc.
Previous Quarter Performance
NV5 Global, Inc. outlined income for the second quarter of $ 0.93 per share, from the revenue of $ 162.69 million. According to street consensus, NVEE was expected to report 2Q20 income of $ 0.59 per share from revenue of $ 151.31 million. The bottom line results beat street analysts by $ 0.34 or 57.63 percent, at the same time, top line results outshined analysts by $ 11.38 million or 7.52 percent.
Stock Performance
Shares of NV5 Global, Inc. traded up $ 3.60 or 5.89 percent on Tuesday, reaching $ 64.73 with volume of 76.30 thousand shares. NV5 Global, Inc. has traded high as $ 65.69 and has cracked $ 62.00 on the downward trend
The closing price of $ 64.73, representing a 126.41 % increase from the 52 week low of $ 27.00 and a 13.28 % decrease over the 52 week high of $ 70.49.
The company has a market capital of $ 855.36 million and is part of the Industrials sector and Engineering & Construction industry.
Conference Call
NV5 Global, Inc. will be hosting a conference call at 4:30 PM eastern time on 11th 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.nv5.com
NV5 Global, Inc. provides professional and technical engineering and consulting services to public and private sector clients in the infrastructure, energy, construction, real estate, and environmental markets in the United States and internationally. It operates through two segments, Infrastructure; and Building, Technology & Sciences.
