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

Agilysys

22/07/2024 22:01

* Agilysys Inc  AGYS.OQ  reported quarterly adjusted
earnings of
30 cents​​ per share for the quarter ended in June, higher than
the same quarter last year, when the company reported EPS of 18
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 28 cents per share.
    * Revenue rose 13.3% to $63.51 million from a year ago;
analysts
expected $64.47 million. 
    * Agilysys Inc's reported EPS for the quarter was 50 cents​.
    * The company reported quarterly net income of $14.11
million.
    * Agilysys Inc shares had risen by 3.6% this quarter and
gained 27.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.2%
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
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is  "buy."

Wall Street's median 12-month price target for Agilysys Inc is
$118.00 
This summary was machine generated from LSEG data July 22 at
09:01 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
 Jun. 30 2024      0.26           0.30           Beat
 Mar. 31 2024      0.28           0.32           Beat
 Dec. 31 2023      0.26           0.35           Beat
 Sep. 30 2023      0.19           0.25           Beat