Recap: CDK Global Q4 Earnings

Shares of CDK Global CDK rose 5.48% in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 23.86% over the past year to $0.67, which beat the estimate of $0.50.

Revenue of $449,600,000 decreased by 7.98% year over year, which beat the estimate of $424,400,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

CDK Global hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 04, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/26onsiaw

Recent Stock Performance

52-week high: $57.00

Company's 52-week low was at $29.12

Price action over last quarter: Up 23.69%

Company Overview

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.