Concentrix Corporation (CNXC) Tops Q2 EPS by 11c, Offers Q3 Guidance

June 23, 2021 4:19 PM EDT
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Price: $168.68 +1.30%

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Concentrix Corporation (NASDAQ: CNXC) reported Q2 EPS of $2.37, $0.11 better than the analyst estimate of $2.26. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.35 billion.

GUIDANCE:

Concentrix Corporation sees Q3 2021 revenue of $1.35-1.4 billion, versus the consensus of $1.33 billion.

  • Third-quarter revenue is expected to be in the range of $1.35 billion to $1.40 billion as reported.
  • Third-quarter operating income is expected to be in the range of $116.3 million to $130.3 million and non-GAAP operating income is expected to be in the range of $160.0 million to $174.0 million.
  • The effective tax rate is expected to approximate 27% to 28%.

For earnings history and earnings-related data on Concentrix Corporation (CNXC) click here.



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