Sykes Enterprises, Incorporated (NASDAQ:SYKE) will release its earnings data after the market closes on Monday, August 7th. Analysts expect Sykes Enterprises, to post earnings of $0.32 per share for the quarter. Sykes Enterprises, has set its Q2 guidance at $0.30-0.33 EPS and its FY18 guidance at $2.07-2.14 EPS.
Sykes Enterprises, (NASDAQ:SYKE) last released its quarterly earnings results on Monday, May 8th. The information technology services provider reported $0.54 EPS for the quarter, topping the consensus estimate of $0.40 by $0.14. Sykes Enterprises, had a return on equity of 11.39% and a net margin of 4.41%. The business had revenue of $384.01 million during the quarter, compared to analyst estimates of $400.15 million. During the same period last year, the business posted $0.42 earnings per share. The company’s quarterly revenue was up 19.7% on a year-over-year basis. On average, analysts expect Sykes Enterprises, to post $2.11 EPS for the current fiscal year and $2.26 EPS for the next fiscal year.
Sykes Enterprises, Incorporated (NASDAQ SYKE) opened at 33.43 on Friday. The stock’s 50 day moving average price is $33.74 and its 200 day moving average price is $30.73. Sykes Enterprises, Incorporated has a 52-week low of $25.77 and a 52-week high of $34.49. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 20.91 and a beta of 0.75.
TRADEMARK VIOLATION WARNING: “Sykes Enterprises, Incorporated (NASDAQ:SYKE) Scheduled to Post Quarterly Earnings on Monday” was originally posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at https://stocknewstimes.com/2017/08/06/sykes-enterprises-incorporated-nasdaqsyke-scheduled-to-post-quarterly-earnings-on-monday.html.
In other news, Director Paul L. Whiting sold 14,164 shares of the company’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $32.75, for a total transaction of $463,871.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jenna Nelson sold 3,672 shares of the company’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $33.99, for a total value of $124,811.28. Following the sale, the insider now owns 14,520 shares of the company’s stock, valued at $493,534.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,336 shares of company stock valued at $671,182. Insiders own 2.70% of the company’s stock.
Separately, Zacks Investment Research upgraded Sykes Enterprises, from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a report on Wednesday, May 3rd.
About Sykes Enterprises,
Sykes Enterprises, Incorporated is engaged in providing outsourced customer contact management solutions and services in the business process outsourcing (BPO) arena on a global basis. The Company has operations in two segments: the Americas, which includes the United States, Canada, Latin America, Australia and the Asia Pacific Rim, and EMEA, which includes Europe, the Middle East and Africa.
Receive News & Ratings for Sykes Enterprises Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sykes Enterprises Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.
