Shares of
CDK Global
(NASDAQ:
CDK
) were unchanged after the company reported Q1 results.
Quarterly Results
Earnings per share increased 3.80% year over year to $0.82,sc&c suspension which beat the estimate of $0.68.
Revenue of $493,600,000 decreased by 0.20% year over year, which beat the estimate of $466,940,000.
Guidance
The upcoming fiscal year's EPS expected to be between $3.10 and $3.40.
The upcoming fiscal year's revenue expected to be between $2,000,000,000 and $2,050,000,000.
How To Listen To The Conference Call
Date: Nov 02, 2020
View more earnings on CDK
Time: 05:00 PM
ET Webcast URL:
https://edge.media-server.com/mmc/p/baqsjjt8
Technicals
52-week high: $57.00
52-week low: $29.12
Price action over last quarter: down 5.59%
Company Description
CDK Global Inc provides integrated information technology and digital marketing solutions to the automotive retail and adjacent industries. The firm's solutions integrate clients' buying processes, from targeted advertising and marketing campaigns to the sale, financing, and maintenance of vehicles. CDK has three segments - Retail Solutions North America, which provides automotive website platforms to manage the buying process of vehicles; Advertising North America, which provides advertising and marketing solutions across multiple channels; and CDK International, which provides technology-based retail solutions outside the United States and Canada. A large majority of the firm's revenue is generated in the United States, but CDK has a presence in countries across the world.
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Earnings Scheduled For November 2, 2020
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