ZAGG Inc (NASDAQ:ZAGG) is set to announce third quarter earning results on Monday 9th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, ZAGG to report 3Q20 income of $ 0.03 per share.
For the full year, analysts anticipate top line of $ 397.68 million, while looking forward to loss of $ 2.27 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 0.50 ~ $ 0.50 per share
Click Here For More Historical Outlooks Of ZAGG Inc
Previous Quarter Performance
ZAGG Inc revealed loss for the second quarter of $ 0.11 per share, from the revenue of $ 77.12 million. The quarterly revenues dropped 27.79 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.37 per share from $ 60.00 million in revenue. The bottom line results beat street analysts by $ 0.26 or 70.27 percent, at the same time, top line results outshined analysts by $ 17.12 million or 28.53 percent.
Stock Performance
On Friday, shares of ZAGG Inc has traded high as $ 3.28 and has cracked $ 3.11 on the downward trend, reaching $ 3.21 with volume of 434.10 thousand shares.
According to the previous trading day, closing price of $ 3.21, representing a 55.34 % increase from the 52 week low of $ 2.06 and a 64.48 % decrease over the 52 week high of $ 9.01.
The company has a market capital of $ 95.15 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
ZAGG Inc will be hosting a conference call at 5:00 PM eastern time on 9th 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.zagg.com
ZAGG Inc, together with its subsidiaries, designs, manufactures, and distributes mobile tech accessories for smartphones and tablets in the United States, Europe, and internationally. The company offers screen protection products; protective cases to protect device-specific mobile devices and tablets; power management products for tablets, smartphones, smartwatches, cameras, and other electronic mobile devices; power stations, wireless chargers, car and wall chargers, portable power products, and power wallets; earbuds, headphones, and speakers; and device specific keyboards and device agnostic keyboards under the ZAGG, InvisibleShield, mophie, IFROGZ, BRAVEN, Gear4, and HALO brands. It sells its products through indirect channels, including big box retailers, wireless retailers, domestic and international distributors, independent Apple retailers, university bookstores, and small independently owned consumer electronics stores, as well as directly to retailers or through distributors; and directly to consumers on its Websites at www.ZAGG.com, www.mophie.com, www.Gear4.com, and www.HALO.com.
