NICE (NASDAQ:NICE – Get Free Report) updated its third quarter 2024 earnings guidance on Thursday. The company provided earnings per share guidance of 2.620-2.720 for the period, compared to the consensus earnings per share estimate of 2.690. The company issued revenue guidance of $676.0 million-$686.0 million, compared to the consensus revenue estimate of $688.2 million. NICE also updated its FY 2024 guidance to 10.600-10.800 EPS.
NICE Stock Up 1.8 %
Shares of NICE stock traded up $2.98 during trading hours on Thursday, hitting $169.76. The company had a trading volume of 785,507 shares, compared to its average volume of 514,973. The company’s 50-day moving average is $171.47 and its two-hundred day moving average is $207.25. NICE has a twelve month low of $149.54 and a twelve month high of $270.73. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.43 and a quick ratio of 2.43. The company has a market cap of $10.67 billion, a P/E ratio of 30.10, a price-to-earnings-growth ratio of 1.44 and a beta of 1.04.
NICE (NASDAQ:NICE – Get Free Report) last announced its earnings results on Thursday, May 16th. The technology company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.88 by $0.13. NICE had a net margin of 14.92% and a return on equity of 14.05%. The business had revenue of $659.31 million for the quarter, compared to analysts’ expectations of $654.81 million. Analysts anticipate that NICE will post 8.4 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
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NICE Company Profile
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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