What To Expect From LivePerson, Inc. ($LPSN) 3Q20 Earnings

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LivePerson, Inc. (NASDAQ:LPSN) is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.06 per share.

Looking ahead, the full year loss are expected at $ 0.35 per share on the revenues of $ 359.71 million.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ -0.36 ~ $ -0.34 per share, while revenues are expected in a range of $ 92.00 million ~ $ 93.00 million

Full Year 2020 topline are forecasted in a range of$ 357.00 million ~ $ 361.00 million, where as bottomline are predicted in a range of $ -1.57 ~ $ -1.52 per share

Click Here For More Historical Outlooks Of LivePerson, Inc.

Previous Quarter Performance

LivePerson, Inc. communicated loss for the second quarter of $ 0.22 per share, from the revenue of $ 91.60 million. The quarterly revenues raised 30.58 percent compared with the same quarter last year. Wall street analysts are predicting, LPSN to report 2Q20 loss of $ 0.11 per share from revenue of $ 83.92 million. The bottom line results missed street analysts by $ 0.11 or 100 percent, at the same time, top line results outshined analysts by $ 7.68 million or 9.15 percent.

Stock Performance

Shares of LivePerson, Inc. traded low $ -1.57 or -2.70 percent on Wednesday, reaching $ 56.56 with volume of 600.30 thousand shares. LivePerson, Inc. has traded high as $ 57.32 and has cracked $ 54.97 on the downward trend

According to the previous trading day, closing price of $ 56.56, representing a 312.86 % increase from the 52 week low of $ 14.08 and a 9.03 % decrease over the 52 week high of $ 63.90.

The company has a market capital of $ 3.74 billion and is part of the Technology sector and Software – Infrastructure industry.

Conference Call

LivePerson, Inc. will be hosting a conference call at 5:00 PM eastern time on 29th 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.liveperson.com

LivePerson, Inc. provides conversational commerce solutions. The company operates in two segments, Business and Consumer.