NICE (NASDAQ:NICE – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 10.600-10.800 for the period, compared to the consensus estimate of 10.630. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion. NICE also updated its FY24 guidance to $10.60-10.80 EPS.
NICE Trading Up 2.7 %
Shares of NICE traded up $4.42 during mid-day trading on Thursday, reaching $171.20. 741,044 shares of the company were exchanged, compared to its average volume of 514,689. NICE has a 52 week low of $149.54 and a 52 week high of $270.73. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.43 and a current ratio of 2.43. The business has a 50 day simple moving average of $171.47 and a two-hundred day simple moving average of $207.25. The stock has a market capitalization of $10.76 billion, a PE ratio of 30.10, a PEG ratio of 1.44 and a beta of 1.04.
NICE (NASDAQ:NICE – Get Free Report) last issued its earnings results on Thursday, May 16th. The technology company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.88 by $0.13. The company had revenue of $659.31 million during the quarter, compared to the consensus estimate of $654.81 million. NICE had a return on equity of 14.05% and a net margin of 14.92%. On average, analysts predict that NICE will post 8.4 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
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About NICE
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.
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