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Here's Why Nice (NICE) is a Strong Momentum Stock
ZACKS· 2024-08-19 14:52
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zac ...
NICE Q2 Earnings Top Estimates, Cloud Revenues Drive Top Line
ZACKS· 2024-08-16 16:16
NICE (NICE) reported adjusted earnings of $2.64 per share in second-quarter 2024, beating the Zacks Consensus Estimate by 2.33% and increasing 24% year over year. Non-GAAP revenues of $664 million trumped the consensus mark by 0.23% and rose 14% year over year. The uptick was primarily driven by the continued strength of its cloud business and the ongoing expansion of its customer base. Revenues in Americas were $562 million, up 16% year over year. The same in EMEA was $70 million in the reported quarter, u ...
NICE(NICE) - 2024 Q2 - Earnings Call Transcript
2024-08-15 21:48
NICE Ltd. (NASDAQ:NICE) Q2 2024 Earnings Conference Call August 15, 2024 8:30 AM ET Company Participants Marty Cohen - Vice President, Investor Relations Barak Eilam - Chief Executive Officer Beth Gaspich - Chief Financial Officer Conference Call Participants Samad Samana - Jefferies Meta Marshall - Morgan Stanley Tyler Radke - Citi James Fish - Piper Sandler Tim Horan - Oppenheimer & Co Patrick Walravens - Citizens JMP Rishi Jaluria - RBC Capital Markets Siti Panigrahi - Mizuho Securities Arjun Bhatia - Wi ...
NICE(NICE) - 2024 Q2 - Earnings Call Presentation
2024-08-15 15:49
NICE Q2 2024 Investor Presentation (NASDAQ: NICE) NICE Disclaimer Forward Looking Statements Disclaimer This presentation contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements may be identified by words such as "believe," "expect," "seek," "may," "will," "intend," "should," "project," "anticipate," "plan," and similar expressions. Forward-looking statements are based on the current beliefs, expectations ...
Compared to Estimates, Nice (NICE) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-15 14:31
Nice (NICE) reported $664.4 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 14.3%. EPS of $2.64 for the same period compares to $2.13 a year ago. The reported revenue represents a surprise of +0.23% over the Zacks Consensus Estimate of $662.88 million. With the consensus EPS estimate being $2.58, the EPS surprise was +2.33%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...
NICE(NICE) - 2024 Q2 - Quarterly Report
2024-08-15 12:06
NHCE • Company raises its full-year 2024 EPS guidance Hoboken, New Jersey, August 15, 2024 - NICE (NASDAQ: NICE) today announced results for the second quarter ended June 30, 2024, as compared to the corresponding period of the previous year. "We are pleased to conclude the first half of 2024 with strong Q2 results across the board. Total revenue increased 14% to $664 million, once again driven by industry-leading cloud growth of 26%," said Barak Eilam, CEO of NICE. "The growing adoption of our extensive an ...
Should You Buy, Sell, or Hold NICE Stock Before Q2 Earnings?
ZACKS· 2024-08-13 16:05
NICE (NICE) is set to release second-quarter 2024 results on Aug 15. For the second quarter, NICE projects non-GAAP revenues to be between $657 million and $667 million, indicating 14% growth at the midpoint. Non-GAAP earnings are estimated in the $2.53-$2.63 per share band, suggesting 21% year-over-year growth at the midpoint. The Zacks Consensus Estimate for revenues is pegged at $662.88 million, indicating an increase of 14.07% from the year-ago quarter's reported figure. The consensus mark for earnings ...
Insights Into Nice (NICE) Q2: Wall Street Projections for Key Metrics
ZACKS· 2024-08-12 14:15
Analysts on Wall Street project that Nice (NICE) will announce quarterly earnings of $2.58 per share in its forthcoming report, representing an increase of 21.1% year over year. Revenues are projected to reach $662.88 million, increasing 14.1% from the same quarter last year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Ahead of a company' ...
Wall Street Analysts Think Nice (NICE) Is a Good Investment: Is It?
ZACKS· 2024-08-09 14:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nice (NICE) . Nice currently has an average brokerage recommenda ...
Nice (NICE) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-07-30 22:55
Market participants will be closely following the financial results of Nice in its upcoming release. The company is expected to report EPS of $2.58, up 21.13% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $662.88 million, indicating a 14.07% growth compared to the corresponding quarter of the prior year. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the ...