Unisys Corporation (NYSE:UIS) provider of IT services worldwide, is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.07 per share.
For the full year, analysts predict revenues of $ 2002.68 million, while looking forward to income of $ 0.60 per share.
Previous Quarter Performance
Unisys Corporation unveiled income for the first quarter of $ 0.01 per share, from the revenue of $ 515.40 million. Wall street analysts are predicting, UIS to report 1Q20 loss of $ 0.19 per share from revenue of $ 578.03 million. The bottom line results beat street analysts by $ 0.2 or 105.26 percent, at the same time, top line results fell short of analysts by $ 62.63 million or 10.84 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of UIS was $ 11.76, representing a 84.04 % increase from the 52 week low of $ 6.39 and a 35.14 % decrease over the 52 week high of $ 18.13.
The company has a market capital of $ 732.43 million and is part of the Technology sector and Information Technology Services industry.
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Conference Call
Unisys Corporation will be hosting a conference call at 5:00 PM 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.unisys.com
Unisys Corporation operates as an information technology company worldwide. It operates in two segments, Services and Technology. The Services segment offers cloud and infrastructure services, application services, and business process outsourcing services.