CoreLogic Inc

NYSE:CLGX   3:59:53 PM EDT
79.52
+0.02 (+0.02%)
4:00:00 PM EDT: $79.53 +0.02 (+0.02%)
Positive Earnings Pre-Announcement, Equity Financing / Related

Corelogic Sees Q3 Revenue Of $525 Million To $535 Million

Published: 09/22/2020 11:46 GMT
CoreLogic Inc (CLGX) - Corelogic Substantially Raises 3q 2020, FY 2020, and FY 2021 Guidance.
Reaffirms Plan to Repurchase at Least $500 Million in Common Shares During 2020.
Sees 3q20 Revenue $525 Million - $535 Million.
Expects H22020 Double Digit Revenue Growth With at Least Upper Single Digit Organic Growth and Margin Expansion of Over 300 Basis Points.
Sees 3q20 Adjusted EBITDA $187 Million - $192 Million.
Sees FY20 Revenue $1,920 Million - $1,945 Million.
Sees FY20 Adjusted EBITDA $615 Million - $630 Million.
Sees FY21 Revenue$1,965 - $2,010 Million.
Sees FY21 Adjusted EBITDA $635 - $660 Million.
Corelogic - Operating Leverage, Cost Productivity Expected to Drive Q3 Adjusted EBITDA Margin Above 35%, Up 500 Basis Points Compared to Q3 2019.
Q3 Revenue View $495.8 Million -- Refinitiv Ibes Data (analyst estimates).
FY2020 Revenue View $1.87 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2021 Revenue View $1.88 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $408 Million
Adjusted EPS is expected to be $1.09

Next Quarter Revenue Guidance is expected to be $402.6 Million
Next Quarter EPS Guidance is expected to be $1.10

More details on our Analysts Page.