$71.95 Million in Sales Expected for Duck Creek Technologies, Inc. (NYSE:DCT) This Quarter

Brokerages expect Duck Creek Technologies, Inc. (NYSE:DCTGet Rating) to post sales of $71.95 million for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Duck Creek Technologies’ earnings. The highest sales estimate is $72.06 million and the lowest is $71.82 million. Duck Creek Technologies posted sales of $67.94 million in the same quarter last year, which suggests a positive year-over-year growth rate of 5.9%. The business is expected to announce its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Duck Creek Technologies will report full year sales of $302.30 million for the current year, with estimates ranging from $301.70 million to $302.51 million. For the next fiscal year, analysts forecast that the business will post sales of $348.66 million, with estimates ranging from $344.00 million to $351.84 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for Duck Creek Technologies.

Separately, StockNews.com began coverage on Duck Creek Technologies in a report on Thursday, March 31st. They issued a “hold” rating for the company.

Shares of DCT stock opened at $16.33 on Friday. Duck Creek Technologies has a fifty-two week low of $14.90 and a fifty-two week high of $50.90.

Duck Creek Technologies Company Profile (Get Rating)

Duck Creek Technologies, Inc provides software-as-a-service core systems to the property and casualty insurance industry in the United States and internationally. The company provides Duck Creek Policy, a solution that enables insurers to develop and launch new insurance products and manage various aspects of policy administration ranging from product definition to quoting, binding, and servicing; Duck Creek Billing that provides payment and invoicing capabilities, such as billing and collections, commission processing, disbursement management, and general ledger capabilities for insurance lines and bill types; and Duck Creek Claims that supports entire claims lifecycle from first notice of loss through investigation, payments, negotiations, reporting, and closure.

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