Endava (NYSE:DAVA) Releases FY 2020 Pre-Market Earnings Guidance
Endava (NYSE:DAVA) issued an update on its FY 2020
Pre-Market earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.24-1.30 for the period. The company issued revenue guidance of $457.19-462.43 million, compared to the consensus revenue estimate of $518.52 million.Endava also updated its FY20 guidance to 0.95-0.99 EPS.
Shares of DAVA stock traded down $1.66 during trading hours on Friday, hitting $53.32. 251,900 shares of the company were exchanged, compared to its average volume of 119,097. The firm has a fifty day simple moving average of $47.07 and a 200 day simple moving average of $42.31. The company has a current ratio of 2.43, a quick ratio of 2.43 and a debt-to-equity ratio of 0.16. Endava has a 52-week low of $23.51 and a 52-week high of $55.50. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 64.24, a P/E/G ratio of 2.67 and a beta of 0.77.
Endava (NYSE:DAVA) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.10. Endava had a net margin of 11.93% and a return on equity of 28.69%. The company had revenue of $85.90 million during the quarter, compared to analyst estimates of $83.00 million. During the same quarter last year, the business posted $0.20 EPS. Endava’s quarterly revenue was up 19.6% compared to the same quarter last year. Sell-side analysts anticipate that Endava will post 0.91 EPS for the current year.
Endava plc provides technology services for clients in the consumer products, healthcare, logistics, and retail verticals in Europe, Latin America, and the United States. It offers strategy, creative and user experience, insights through data, mobile and Internet of Things, architecture, smart automation, software engineering, test automation and engineering, continuous delivery, cloud, applications management, and smart desk services across the digital evolution, agile transformation, and automation solution areas.
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