Open Text (OTC) Set to Announce Earnings on Thursday

Open Text (TSE:OTCGet Free Report) is set to issue 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 released its earnings results on Thursday, August 1st. The company reported C$1.24 earnings per share for the quarter, missing the consensus estimate of C$1.28 by C($0.04). The firm had revenue of C$1.86 billion during the quarter, compared to analyst estimates of C$1.93 billion.

Open Text Price Performance

Open Text Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, August 30th were paid a $0.262 dividend. The ex-dividend date of this dividend was Thursday, August 29th. This represents a $1.05 dividend on an annualized basis and a yield of ?.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on OTC

Recommended Stories

Earnings History for Open Text (TSE:OTC)

Receive News & Ratings for Open Text Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Open Text and related companies with MarketBeat.com's FREE daily email newsletter.