Plantronics, Inc. (NYSE:PLT) manufacturer of lightweight handsets, is expected to report first quarter earnings results, after market close, on Tuesday 28th July 2020.
Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.02 per share.
Looking ahead, the full year income are expected at $ 1.54 per share on the revenues of $ 1563.16 million.
The Company Outlook
Revenue for 1Q21 are expected in a range of $ 335.00 million ~ $ 370.00 million
Click Here For More Historical Outlooks Of Plantronics, Inc.
Previous Quarter Performance
Plantronics, Inc. recorded income for the fourth quarter of $ 0.30 per share, from the revenue of $ 409.18 million. The quarterly earnings down 79.17 percent while revenues dropped 12.66 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.09 per share from $ 386.91 million in revenue. The bottom line results beat street analysts by $ 0.21 or 233.33 percent, at the same time, top line results outshined analysts by $ 22.27 million or 5.76 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PLT was $ 19.56, representing a 325.22 % increase from the 52 week low of $ 4.60 and a 53.91 % decrease over the 52 week high of $ 42.44.
The company has a market capital of $ 795.77 million and is part of the Technology sector and Communication Equipment industry.
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Conference Call
Plantronics, Inc. will be hosting a conference call at 5:00 PM eastern time on 28th July 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.poly.com/in/en
Plantronics, Inc. designs, manufactures, and markets various integrated communications and collaborations solutions for corporate customers, small businesses, and individuals worldwide. Its principal product categories include enterprise headsets, which comprise corded and cordless communication headsets; consumer headsets, such as Bluetooth and corded products for mobile device applications, personal computer, and gaming; voice, video, and content sharing solutions that include Open SIP desktop and conference room phones, and video endpoints designed to work with a range of unified communication and collaboration, unified communication as a service, and video as a service environments, including RealPresence collaboration solutions of infrastructure to endpoints that allows people to connect and collaborate; and support services.
