TTEC (TTEC) Posts Quarterly Earnings Results, Beats Estimates By $0.07 EPS
TTEC (NASDAQ:TTEC) posted its earnings results on Monday. The business services provider reported $0.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.07, Bloomberg Earnings reports. The company had revenue of $426.60 million during the quarter, compared to analyst estimates of $383.75 million. TTEC had a return on equity of 21.89% and a net margin of 0.49%. The business’s revenue was up 23.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.42 earnings per share.
TTEC (TTEC) opened at $35.00 on Wednesday. TTEC has a fifty-two week low of $28.20 and a fifty-two week high of $43.75. The stock has a market capitalization of $1,733.10, a P/E ratio of 205.89, a P/E/G ratio of 1.87 and a beta of 0.90. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.13 and a quick ratio of 2.13.
The business also recently announced a semiannual dividend, which will be paid on Thursday, April 12th. Stockholders of record on Friday, March 30th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This is a positive change from TTEC’s previous semiannual dividend of $0.22. This represents a dividend yield of 1.48%. TTEC’s dividend payout ratio is 294.13%.
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TTEC Company Profile
TTEC Holdings, Inc, formerly TeleTech Holdings, Inc, 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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