Preview Of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) 2Q20 Earnings

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SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) is reporting second quarter financial results on Tuesday 28th July 2020, after market close.

According to analysts surveyed by Thomson Reuters, SSNC is expected to report 2Q20 income of $ 0.90 per share from revenue of $ 1109.24 million.

For the full year, analysts anticipate top line of $ 4600.86 million, while looking forward to income of $ 3.89 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 4,692.00 million ~ $ 4,852.00 million, where as bottomline are predicted in a range of $ 3.97 ~ $ 4.22 per share

Click Here For More Historical Outlooks Of SS&C Technologies Holdings, Inc.

Previous Quarter Performance

SS&C Technologies Holdings, Inc. came out with income for the first quarter of $ 1.03 per share, from the revenue of $ 1,178.00 million. The quarterly earnings boosted 13.19 percent while revenues enlarged 2.17 percent compared with the same quarter last year.
Wall street analysts are predicting, SSNC to report 1Q20 income of $ 0.96 per share from revenue of $ 1169.59 million. The bottom line results beat street analysts by $ 0.07 or 7.29 percent, at the same time, top line results outshined analysts by $ 8.41 million or 0.72 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of SS&C Technologies Holdings, Inc.

Stock Performance

According to the previous trading day, closing price of SSNC was $ 57.40, representing a 94.51 % increase from the 52 week low of $ 29.51 and a 13.99 % decrease over the 52 week high of $ 66.74.

The company has a market capital of $ 14.73 billion and is part of the Technology sector and Software – Infrastructure industry.

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Recent Stock Dividend Announcement

On May 20, 2020, the board of directors authorized quarterly dividend of $ 0.125 per share to holders of record as of the close of business on June 1, 2020, with payment date of June 15, 2020 and ex-dividend date on May 29, 2020.

Conference Call

SS&C Technologies Holdings, Inc. will be hosting a conference call at 5:00 PM eastern time on 28th July 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.ssctech.com

SS&C Technologies Holdings, Inc. provides software products and software-enabled services to financial services and healthcare industries in the United States, Canada, rest of the Americas, Europe, the Asia Pacific, and Japan. The companys products and services allow its clients to automate and integrate front-office functions, such as trading and modeling; middle-office functions, including portfolio management and reporting; and back-office functions comprising accounting, transfer agency, compliance, regulatory services, performance measurement, reconciliation, reporting, processing, and clearing.