TeleTech Holdings, Inc. (TTEC) to Release Earnings on Tuesday
TeleTech Holdings, Inc. (NASDAQ:TTEC) will release its earnings data after the market closes on Tuesday, August 1st. Analysts expect TeleTech Holdings to post earnings of $0.33 per share for the quarter.
TeleTech Holdings (NASDAQ:TTEC) last released its quarterly earnings data on Tuesday, May 9th. The business services provider reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.07. The business had revenue of $338.28 million for the quarter, compared to analyst estimates of $324.39 million. TeleTech Holdings had a return on equity of 18.07% and a net margin of 3.19%. The company’s revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.25 EPS. On average, analysts expect TeleTech Holdings to post $1.76 EPS for the current fiscal year and $2.01 EPS for the next fiscal year.
TeleTech Holdings, Inc. (TTEC) opened at 41.55 on Tuesday. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 46.63 and a beta of 0.90. TeleTech Holdings, Inc. has a 1-year low of $24.45 and a 1-year high of $42.90. The stock has a 50 day moving average price of $41.02 and a 200 day moving average price of $34.16.
In other TeleTech Holdings news, Director Shrikant Mehta sold 15,000 shares of the company’s stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $39.61, for a total value of $594,150.00. Following the transaction, the director now directly owns 76,509 shares of the company’s stock, valued at approximately $3,030,521.49. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Robert N. Jimenez sold 6,500 shares of the company’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $42.58, for a total value of $276,770.00. Following the completion of the transaction, the executive vice president now directly owns 9,390 shares in the company, valued at $399,826.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,817 shares of company stock worth $926,247. Insiders own 70.00% of the company’s stock.
Several research analysts have weighed in on TTEC shares. Zacks Investment Research raised TeleTech Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. TheStreet raised TeleTech Holdings from a “c+” rating to a “b” rating in a research report on Thursday, May 11th.
About TeleTech Holdings
TeleTech Holdings, Inc (TeleTech) is a customer service provider that delivers consulting, technology, growth and customer care solutions on a global scale. The Company operates through four segments: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS) and Customer Strategy Services (CSS).
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