Agilysys Inc reports results for the quarter ended in December - Earnings Summary

Agilysys

22/01/2024 22:41

* Agilysys Inc  AGYS.OQ  reported quarterly adjusted
earnings of
35 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 26 cents.  The mean expectation of four analysts for the
quarter was for earnings of 26 cents per share. Wall Street
expected results to range from 22 cents to 30 cents per share.
    * Revenue rose 21.3% to $60.57 million from a year ago;
analysts
expected $60.07 million. 
    * Agilysys Inc's reported EPS for the quarter was $2.85​.
    * The company reported quarterly net income of $76.86
million.
    * Agilysys Inc shares had fallen by 2.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Agilysys Inc is
$95.00 
This summary was machine generated from LSEG data January 22 at
10:41 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.26           0.35           Beat
 Sep. 30 2023      0.19           0.25           Beat
 Jun. 30 2023      0.14           0.18           Beat
 Mar. 31 2023      0.22           0.26           Beat