Slack Technologies, Inc. (NYSE:WORK) is set to announce third quarter earning results on Wednesday 9th December 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, WORK to report 3Q21 loss of $ 0.03 per share.
For the full year, analysts anticipate top line of $ 886.30 million, while looking forward to loss of $ 0.08 per share bottom line.
The Company Outlook
Earnings for 3Q21 are anticipated in a range of $ -0.06 ~ $ -0.05 per share, while revenues are expected in a range of $ 222.00 million ~ $ 225.00 million
Full Year 2021 topline are forecasted in a range of$ 870.00 million ~ $ 876.00 million, where as bottomline are predicted in a range of $ -0.14 ~ $ -0.13 per share
Shares of Slack Technologies, Inc. traded up $ 0.35 or 0.82 percent on Tuesday, reaching $ 43.03 with volume of 35.18 million shares. Slack Technologies, Inc. has traded high as $ 43.11 and has cracked $ 42.80 on the downward trend
According to the previous trading day, closing price of $ 43.03, representing a 182.65 % increase from the 52 week low of $ 15.10 and a 3.33 % decrease over the 52 week high of $ 44.15.
The company has a market capital of $ 24.80 billion and is part of the Technology sector and Software – Application industry.
Recent Analyst recommendations
- On 30th November 2020, downgraded by Barclays to Equal-Weight from Overweight rating.
- On 24th November 2020, initiated by KeyBanc at Sector Weight rating.
- On 21st October 2020, downgraded by Morgan Stanley to Underweight from Equal-Weight rating.
Slack Technologies, Inc. will be hosting a conference call at 5:00 PM eastern time on 9th December 2020, to discuss its 3Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website slack.com
Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model.