Street Expectation From Manhattan Associates, Inc. (MANH) 2Q20 Earnings?

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Manhattan Associates, Inc. (NASDAQ:MANH) application software developer, is reporting second quarter earnings results on Thursday 23rd July 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.34 per share from $ 127.34 million in revenue.

For the full year, analysts predict revenues of $ 553.72 million, while looking forward to income of $ 1.54 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 541.00 million ~ $ 565.00 million, where as bottomline are predicted in a range of $ 1.50 ~ $ 1.58 per share

Click Here For More Historical Outlooks Of Manhattan Associates, Inc.

Previous Quarter Performance

Manhattan Associates, Inc. outlined income for the first quarter of $ 0.40 per share, from the revenue of . The quarterly revenues compared with the same quarter last year. According to street consensus, income of $ 0.33 was expected per share The bottom line results beat street analysts by $ 0.07 or 21.21 percent, at the same time, top line results analysts by $ 19.04 million or .

Historical Earnings Performance
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Click Here For More Historical Earnings Of Manhattan Associates, Inc.

Stock Performance

According to the previous trading day, closing price of MANH was $ 96.43, representing a 173.95 % increase from the 52 week low of $ 35.20 and a 3.81 % decrease over the 52 week high of $ 100.25.

The company has a market capital of $ 6.12 billion and is part of the Technology sector and Software – Application industry.

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Recent Analyst recommendations

On 15th July 2020, maintained by SunTrust Robinson Humphrey at Buy rating, with $ 100.00 target price.

Conference Call

Manhattan Associates, Inc. will be hosting a conference call at 4:30 PM eastern time on 23rd 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.manh.com

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations. The company offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and store omni-channel solutions.