ADT Inc. (NYSE:ADT) is reporting third quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.15 per share.
For the full year, analysts predict revenues of $ 5230.58 million, while looking forward to income of $ 1.14 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 5,050.00 million ~ $ 5,300.00 million
Click Here For More Historical Outlooks Of ADT Inc.
Previous Quarter Performance
ADT Inc. came out with loss for the second quarter of $ 0.07 per share, from the revenue of $ 1,331.00 million. Wall street analysts are predicting, ADT to report 2Q20 income of $ 0.29 per share from revenue of $ 1250.00 million. The bottom line results missed street analysts by $ 0.36 or 124.14 percent, at the same time, top line results outshined analysts by $ 81.00 million or 6.48 percent.
Stock Performance
Shares of ADT Inc. traded up $ 0.18 or 2.67 percent on Wednesday, reaching $ 6.91 with volume of 3.51 million shares. ADT Inc. has traded high as $ 7.13 and has cracked $ 6.73 on the downward trend
The closing price of $ 6.91, representing a 97.36 % increase from the 52 week low of $ 3.41 and a 60.89 % decrease over the 52 week high of $ 17.21.
The company has a market capital of $ 5.70 billion and is part of the Industrials sector and Security & Protection Services industry.
Recent Analyst recommendations
- On 19th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 10.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.035 per share on August 5, 2020. The dividend were payable on October 2, 2020 to holders of record as of the close of business on September 18, 2020 and ex-dividend date on September 17, 2020.
Conference Call
ADT Inc. will be hosting a conference call at 5:00 PM eastern time on 5th 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.adt.com
ADT Inc. provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers.
