Bentley Systems Inc expected to post earnings of 18 cents a share - Earnings Preview

Bentley Systems

23/02/2024 15:09

* Bentley Systems Inc  BSY.OQ   BSY.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Exton Pennsylvania-based  company is expected to
report a
9.1% increase in revenue to $313.185 million from $286.95
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Bentley Systems Inc is
for
earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bentley
Systems
Inc is $59.42​, above​ its last closing price of $52.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.19        0.19       0.22      Beat    16
 Jun. 30 2023  0.19        0.19       0.24      Beat    26.8
 Mar. 31 2023  0.21        0.21       0.25      Beat    20.8​
 Dec. 31 2022  0.18        0.19       0.19      Met     2.4
 ​​Sep.        0.17        0.17       0.19      Beat    10.3
 30 2022                                                
 Jun. 30 2022  0.17        0.17       0.22      Beat    26.6​
 Mar. 31 2022  0.20        0.21       0.24      Beat    17.1
 Dec. 31 2021  0.17        0.17       0.23      Beat    34.3
 This summary was machine generated February 23 at 15:09 GMT. 
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)