Nice (NICE) Updates FY19 Earnings Guidance
Nice (NASDAQ:NICE) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share guidance of $5.11-5.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.18. The company issued revenue guidance of $1.56-1.58 billion, compared to the consensus revenue estimate of $1.57 billion.Nice also updated its FY 2019 guidance to $5.11-5.31 EPS.
Nice stock opened at $132.07 on Thursday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 2.95 and a beta of 0.86. Nice has a 1 year low of $100.54 and a 1 year high of $140.29.
Nice (NASDAQ:NICE) last posted its quarterly earnings results on Thursday, May 16th. The technology company reported $1.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.11 by $0.07. Nice had a net margin of 11.03% and a return on equity of 9.15%. The firm had revenue of $377.00 million for the quarter, compared to analyst estimates of $375.18 million. During the same quarter in the previous year, the business posted $1.03 earnings per share. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. Sell-side analysts predict that Nice will post 4.35 earnings per share for the current year.
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Nice Company Profile
NICE Ltd. provides enterprise software solutions worldwide. The company operates in two segments, Customer Engagement, and Financial Crime and Compliance. The Customer Engagement segment offers platform and solutions that empower businesses to deliver consistent and personalized experience across the customer journey, and optimize business performance and ensure compliance.
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