What Analysts Predict For Atento S.A. ($ATTO) 3Q20?

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Atento S.A. (NYSE:ATTO) provider of outsourcing services, is expected to report third quarter earnings results, after market close, on Wednesday 11th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter revenue of $ 326.51 million.

Looking ahead, the full year revenues are expected to be $ 1368.58 million.

Previous Quarter Performance

Atento S.A. disclosed loss for the second quarter of $ 0.14 per share, from the revenue of $ 314.50 million. Street analysts expected Atento S.A. to report loss of $ 1.27 per share on revenue of $ 302.07 million for the second quarter. The bottom line results beat street analysts by $ 1.13 or 88.98 percent, at the same time, top line results outshined analysts by $ 12.43 million or 4.11 percent.

Stock Performance

Shares of Atento S.A. traded low $ -0.11 or -1.10 percent on Tuesday, reaching $ 9.89 with volume of 10.40 thousand shares. Atento S.A. has traded high as $ 10.05 and has cracked $ 9.76 on the downward trend

The closing price of $ 9.89, representing a 163.85 % increase from the 52 week low of $ 3.79 and a 46.21 % decrease over the 52 week high of $ 18.59.

The company has a market capital of $ 140.03 million and is part of the Industrials sector and Business Services industry.

Atento S.A., together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services. The company serves clients primarily in the telecommunications and financial services sectors; and in multi-sectors, including consumer goods, retail, public administration, healthcare, travel, and transportation and logistics, as well as technology and media.