NIC (
NIC (EGOV) got here out with quarterly earnings of $0.15 per share, according to the Zacks Consensus Estimate. This compares to earnings of $0.15 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
1 / 4 in the past, it was anticipated that this developer of presidency on-line providers, web sites and cell purposes would put up earnings of $0.19 per share when it really produced earnings of $0.21, delivering a shock of 10.53%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates thrice.
NIC, which belongs to the Zacks Web – Software program trade, posted revenues of $87.07 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 3.16%. This compares to year-ago revenues of $78.65 million. The corporate has topped consensus income estimates 4 instances during the last 4 quarters.
The sustainability of the inventory’s instant value motion based mostly on the…