Computer Task Group, Incorporated (NASDAQ:CTG) is expected to report third quarter earnings results, before market open, on Tuesday 20th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.04 per share.
Looking ahead, the full year income are expected at $ 0.34 per share on the revenues of $ 353.64 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 380.00 million ~ $ 400.00 million, where as bottomline are predicted in a range of $ 0.42 ~ $ 0.48 per share
Click Here For More Historical Outlooks Of Computer Task Group, Incorporated
Previous Quarter Performance
Computer Task Group, Incorporated announced income for the second quarter of $ 0.10 per share, from the revenue of $ 89.15 million. The quarterly earnings elevated 11.11 percent while revenues decreased 11.21 percent compared with the same quarter last year.
Wall street analysts are predicting, CTG to report 2Q20 income of $ 0.04 per share from revenue of $ 85.32 million. The bottom line results beat street analysts by $ 0.06 or 150.00 percent, at the same time, top line results outshined analysts by $ 3.83 million or 4.49 percent.
Stock Performance
Shares of Computer Task Group, Incorporated traded low $ -0.02 or -0.40 percent on Monday, reaching $ 5.02 with volume of 84.10 thousand shares. Computer Task Group, Incorporated has traded high as $ 5.39 and has cracked $ 5.00 on the downward trend
According to the previous trading day, closing price of $ 5.02, representing a 76.22 % increase from the 52 week low of $ 2.86 and a 22.22 % decrease over the 52 week high of $ 6.48.
The company has a market capital of $ 76.17 million and is part of the Technology sector and Information Technology Services industry.
Conference Call
Computer Task Group, Incorporated will be hosting a conference call at 11:00 AM eastern time on 20th 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.ctg.com
Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India. Its IT solutions include the implementation and optimization of packaged software applications; development and deployment of customized software and solutions designed to fit the needs of a specific client or market; and design and distribution of complex technology components, as well as offers consulting services. The companys IT and other staffing services include recruiting, retaining, and managing IT and other talent primarily for technology service providers and other companies with multiple locations.
