ACI Worldwide, Inc. (NASDAQ:ACIW) developer of electronic payment and service products, is reporting third quarter earnings results on Thursday 5th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.14 per share.
For the full year, analysts predict revenues of $ 1279.84 million, while looking forward to income of $ 0.50 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,480.00 million ~ $ 1,510.00 million
Click Here For More Historical Outlooks Of ACI Worldwide, Inc.
Previous Quarter Performance
ACI Worldwide, Inc. came out with income for the second quarter of $ 0.33 per share, from the revenue of $ 299.91 million. Street analysts expected ACI Worldwide, Inc. to report loss of $ 0.05 per share on revenue of $ 297.37 million for the second quarter. The top line results outshined analysts by $ 2.54 million or 0.85 percent.
Stock Performance
Shares of ACI Worldwide, Inc. traded up $ 0.80 or 2.67 percent on Wednesday, reaching $ 30.79 with volume of 742.50 thousand shares. ACI Worldwide, Inc. has traded high as $ 31.18 and has cracked $ 29.71 on the downward trend
The closing price of $ 30.79, representing a 49.73 % increase from the 52 week low of $ 20.03 and a 23.83 % decrease over the 52 week high of $ 39.37.
The company has a market capital of $ 3.58 billion and is part of the Technology sector and Technical & System Software industry.
Recent Analyst recommendations
- On 17th September 2020, initiated by Compass Point at Buy rating, with $ 40.00 target price.
- On 10th September 2020, maintained by Needham & Company LLC at Buy rating, with $ 30.00 target price.
Conference Call
ACI Worldwide, Inc. will be hosting a conference call at 8:30 AM 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.aciworldwide.com
ACI Worldwide, Inc. provides software products and services for facilitating electronic payments to banks, financial intermediaries, merchants, and corporates worldwide. It offers UP Retail Payments solution that enables banks to accept, authorize, route, and secure payment transactions; and ACI Card and Merchant Management solutions, including credit, debit, smart card, and prepaid card issuance and management, as well as merchant account management and settlement.
