j2 Global, Inc. ($JCOM) 2Q20 Earnings Sneak Peek

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j2 Global, Inc. (NASDAQ:JCOM) is expected to report second quarter earnings results, after market close, on Monday 10th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 1.45 per share.

Looking ahead, the full year income are expected at $ 6.87 per share on the revenues of $ 1385.40 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,465.00 million ~ $ 1,505.00 million, where as bottomline are predicted in a range of $ 7.36 ~ $ 7.66 per share

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Previous Quarter Performance

j2 Global, Inc. disclosed income for the first quarter of $ 1.40 per share, from the revenue of $ 332.39 million. The quarterly revenues boosted 10.84 percent compared with the same quarter last year. Street analysts expected j2 Global, Inc. to report income of $ 1.39 per share on revenue of $ 331.98 million for the first quarter. The bottom line results beat street analysts by $ 0.01 or 0.72 percent, at the same time, top line results outshined analysts by $ 0.41 million or 0.12 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of j2 Global, Inc.

Stock Performance

According to the previous trading day, closing price of JCOM was $ 61.37, representing a 15.25 % increase from the 52 week low of $ 53.25 and a 41.31 % decrease over the 52 week high of $ 104.57.

The company has a market capital of $ 2.93 billion and is part of the Technology sector and Software – Infrastructure industry.

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j2 Global, Inc., together with its subsidiaries, provides Internet services worldwide. It operates through three segments: Fax and Email Marketing; Voice, Backup, and Security; and Digital Media. The company offers cloud services to sole proprietors, small to medium-sized businesses and enterprises, and government organizations.