TTEC (TTEC) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS

TTEC (NASDAQ:TTEC) released its quarterly earnings data on Monday. The business services provider reported $0.67 EPS for the quarter, beating the consensus estimate of $0.60 by $0.07, Bloomberg Earnings reports. TTEC had a return on equity of 19.24% and a net margin of 3.45%. The company had revenue of $426.60 million for the quarter, compared to analysts’ expectations of $383.75 million. During the same period last year, the firm posted $0.42 earnings per share. TTEC’s revenue was up 23.7% compared to the same quarter last year.

TTEC (NASDAQ TTEC) traded down $2.45 during trading on Tuesday, hitting $35.35. The company had a trading volume of 44,320 shares, compared to its average volume of 49,951. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.13 and a quick ratio of 2.13. TTEC has a 12 month low of $28.20 and a 12 month high of $43.75. The stock has a market capitalization of $1,687.25, a PE ratio of 33.86, a PEG ratio of 1.82 and a beta of 0.90.

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The firm also recently disclosed a semiannual dividend, which will be paid on Thursday, April 12th. Investors of record on Friday, March 30th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This is a boost from TTEC’s previous semiannual dividend of $0.22. This represents a dividend yield of 1.48%. TTEC’s dividend payout ratio (DPR) is 47.62%.

Several equities research analysts recently commented on the company. Zacks Investment Research cut TTEC from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. BidaskClub cut TTEC from a “sell” rating to a “strong sell” rating in a research report on Saturday, January 6th. Finally, ValuEngine cut TTEC from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating and three have given a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $44.00.

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About TTEC

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).

Earnings History for TTEC (NASDAQ:TTEC)

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