NICE (NASDAQ:NICE – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 10.600-10.800 for the period, compared to the consensus EPS 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 Stock Up 2.7 %
Shares of NASDAQ NICE traded up $4.42 on Thursday, hitting $171.20. The company had a trading volume of 741,044 shares, compared to its average volume of 514,689. The firm has a market capitalization of $10.76 billion, a P/E ratio of 30.10, a PEG ratio of 1.44 and a beta of 1.04. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.13. NICE has a 12-month low of $149.54 and a 12-month high of $270.73. The business has a 50 day moving average of $171.47 and a two-hundred day moving average of $207.25.
NICE (NASDAQ:NICE – Get Free Report) last released its quarterly earnings results on Thursday, May 16th. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.13. NICE had a net margin of 14.92% and a return on equity of 14.05%. The firm had revenue of $659.31 million for the quarter, compared to the consensus estimate of $654.81 million. As a group, equities research analysts forecast that NICE will post 8.4 earnings per share for the current fiscal year.
Analysts Set New Price Targets
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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