Sapiens International Corporation N.V. (NASDAQ:SPNS) is set to announce second quarter earning results on Tuesday 4th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, SPNS to report 2Q20 income of $ 0.21 per share.
For the full year, analysts anticipate top line of $ 373.12 million, while looking forward to income of $ 0.86 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 368.00 million ~ $ 377.00 million
Click Here For More Historical Outlooks Of Sapiens International Corporation N.V.
Previous Quarter Performance
Sapiens International Corporation N.V. unveiled income for the first quarter of $ 0.20 per share, from the revenue of $ 90.53 million. The quarterly earnings reduced 17.24 percent while revenues compared with the same quarter last year.
The consensus estimates are income of $ 0.19 per share from $ 87.98 million in revenue. The bottom line results beat street analysts by $ 0.01 or 5.26 percent, at the same time, top line results outshined analysts by $ 2.55 million or 2.90 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Sapiens International Corporation N.V.
Stock Performance
According to the previous trading day, closing price of SPNS was $ 32.00, representing a 136.16 % increase from the 52 week low of $ 13.55 and a 0.16 % decrease over the 52 week high of $ 32.05.
The company has a market capital of $ 1.61 billion and is part of the Technology sector and Software – Infrastructure industry.
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Recent Stock Dividend Announcement
On May 14, 2020, the board of directors authorized annual dividend of $ 0.14 per share to holders of record as of the close of business on May 27, 2020, with payment date of June 10, 2020 and ex-dividend date on May 26, 2020.
Conference Call
Sapiens International Corporation N.V. will be hosting a conference call at 9:30 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sapiens.com
Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, Europe, the Asia Pacific, and South Africa. The company offers software platform and solutions for personal, commercial, and specialty lines, as well as reinsurance and workers compensation, including Sapiens CoreSuite and Sapiens IDITSuite; and life, pension, and annuities, such as Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster.
