Anaplan, Inc. (NYSE:PLAN) is reporting second quarter earnings results on Wednesday 26th August 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.12 per share from $ 103.45 million in revenue.
For the full year, analysts predict revenues of $ 433.30 million, while looking forward to loss of $ 0.42 per share.
The Company Outlook
Revenue for 2Q21 are expected in a range of $ 103.00 million ~ $ 104.00 million
Full Year 2021 topline are forecasted in a range of$ 463.00 million ~ $ 467.00 million
Click Here For More Historical Outlooks Of Anaplan, Inc.
Previous Quarter Performance
Anaplan, Inc. unveiled loss for the first quarter of $ 0.10 per share, from the revenue of $ 103.84 million. Wall street analysts are predicting, PLAN to report 1Q21 loss of $ 0.14 per share from revenue of $ 101.08 million. The bottom line results beat street analysts by $ 0.04 or 28.57 percent, at the same time, top line results outshined analysts by $ 2.76 million or 2.73 percent.
Stock Performance
Shares of Anaplan, Inc. traded high $ 0.12 or 0.24 percent on Tuesday, reaching $ 47.63 with volume of 2.26 million shares. The stock opened down for the day at $ 47.26, after closing the previous day trading at $ 47.51.
According to the previous trading day, closing price of $ 47.51, representing a 82.45 % increase from the 52 week low of $ 26.04 and a 25.43 % decrease over the 52 week high of $ 63.71.
The company has a market capital of $ 6.55 billion and is part of the Technology sector and Software – Infrastructure industry.
Recent Analyst recommendations
- On 1st July 2020, initiated by KeyBanc at Overweight rating.
Conference Call
Anaplan, Inc. will be hosting a conference call at 8:30 AM eastern time on 26th August 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.directeventreg.com/der/toRegistration.action
Anaplan, Inc. provides a cloud-based connected planning platform. Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in various lines of business, such as finance, sales, supply chain, marketing, human resources, and operations.
