Open Text (OTC) to Release Earnings on Thursday

Open Text (TSE:OTCGet Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of C$0.99 per share for the quarter.

Open Text (TSE:OTCGet Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported C$1.24 EPS for the quarter, missing analysts’ consensus estimates of C$1.28 by C($0.04). The company had revenue of C$1.86 billion for the quarter, compared to analyst estimates of C$1.93 billion.

Open Text Price Performance

Open Text Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, August 30th were given a $0.262 dividend. The ex-dividend date was Thursday, August 29th. This represents a $1.05 annualized dividend and a yield of ∞.

Analysts Set New Price Targets

Separately, National Bank Financial lowered shares of Open Text from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 1st.

Get Our Latest Stock Analysis on Open Text

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Earnings History for Open Text (TSE:OTC)

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