Amdocs Limited (NASDAQ:DOX) is reporting fourth quarter financial results on Tuesday 10th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, DOX is expected to report 4Q20 income of $ 1.18 per share from revenue of $ 1034.91 million.
For the full year, analysts anticipate top line of $ 4150.95 million, while looking forward to income of $ 4.40 per share bottom line.
The Company Outlook
Earnings for 4Q20 are anticipated in a range of $ 1.16 ~ $ 1.22 per share, while revenues are expected in a range of $ 1,015.00 million ~ $ 1,055.00 million
Full Year 2020 topline are forecasted in a range of$ 4,131.96 million ~ $ 4,172.83 million, where as bottomline are predicted in a range of $ 4.38 ~ $ 4.44 per share
Click Here For More Historical Outlooks Of Amdocs Limited
Previous Quarter Performance
Amdocs Limited unveiled income for the third quarter of $ 1.07 per share, from the revenue of $ 1,026.00 million. Street analysts expected Amdocs Limited to report income of $ 1.05 per share on revenue of $ 1010.00 million for the third quarter. The bottom line results beat street analysts by $ 0.02 or 1.90 percent, at the same time, top line results outshined analysts by $ 16.00 million or 1.58 percent.
Stock Performance
Shares of Amdocs Limited traded up $ 2.74 or 4.72 percent on Monday, reaching $ 60.76 with volume of 1.25 million shares. Amdocs Limited has traded high as $ 62.09 and has cracked $ 59.21 on the downward trend
According to the previous trading day, closing price of $ 60.76, representing a 31.71 % increase from the 52 week low of $ 44.05 and a 24.93 % decrease over the 52 week high of $ 77.29.
The company has a market capital of $ 8.08 billion and is part of the Technology sector and Business Software & Services industry.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.3275 per share to holders of record as of the close of business on September 30, 2020, with payment date of October 23, 2020 and ex-dividend date on September 29, 2020.
Amdocs Limited, through its subsidiaries, provides software and services to the communications, pay TV, entertainment, and media industry service providers worldwide. The company offers amdocsONE a line of services designed for various stages of a service providers lifecycle, including planning, delivery, implementation, and ongoing support, as well as consumer experience and monetization, media and digital, enterprise and connected society, service-driven network, and services and agile operation solutions. It also provides managed, quality engineering, data and intelligence, cloud enablement, digital business operation, autonomous network service assurance, and advisory services.
