SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) is reporting third quarter financial results on Wednesday 28th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, SSNC is expected to report 3Q20 income of $ 0.98 per share from revenue of $ 1125.04 million.
For the full year, analysts anticipate top line of $ 4618.48 million, while looking forward to income of $ 4.08 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 4,692.00 million ~ $ 4,852.00 million, where as bottomline are predicted in a range of $ 3.97 ~ $ 4.22 per share
Click Here For More Historical Outlooks Of SS&C Technologies Holdings, Inc.
Previous Quarter Performance
SS&C Technologies Holdings, Inc. unveiled income for the second quarter of $ 1.04 per share, from the revenue of $ 1,141.00 million. The quarterly earnings up 14.29 percent while revenues declined 1.28 percent compared with the same quarter last year.
According to street consensus, SSNC was expected to report 2Q20 income of $ 0.90 per share from revenue of $ 1109.24 million. The bottom line results beat street analysts by $ 0.14 or 15.56 percent, at the same time, top line results outshined analysts by $ 31.76 million or 2.86 percent.
Stock Performance
Shares of SS&C Technologies Holdings, Inc. traded low $ -1.08 or -1.69 percent on Tuesday, reaching $ 62.98 with volume of 919.90 thousand shares. SS&C Technologies Holdings, Inc. has traded high as $ 64.65 and has cracked $ 62.83 on the downward trend
According to the previous trading day, closing price of $ 62.98, representing a 117.08 % increase from the 52 week low of $ 29.51 and a 4.02 % decrease over the 52 week high of $ 66.74.
The company has a market capital of $ 16.22 billion and is part of the Technology sector and Software – Infrastructure industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.125 per share on August 19, 2020. The dividend were payable on September 15, 2020 to holders of record as of the close of business on September 1, 2020 and ex-dividend date on August 28, 2020.
Conference Call
SS&C Technologies Holdings, Inc. will be hosting a conference call at 5:00 PM 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.ssctech.com
SS&C Technologies Holdings, Inc. provides software products and software-enabled services to financial services and healthcare industries in the United States, Canada, rest of the Americas, Europe, the Asia Pacific, and Japan. The companys products and services allow its clients to automate and integrate front-office functions, such as trading and modeling; middle-office functions, including portfolio management and reporting; and back-office functions comprising accounting, transfer agency, compliance, regulatory services, performance measurement, reconciliation, reporting, processing, and clearing.
