Bentley Systems Inc expected to post earnings of 26 cents a share - Earnings Preview

Bentley Systems

03/05/2024 15:46

* Bentley Systems Inc  BSY.OQ   BSY.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Exton Pennsylvania-based  company is expected to
report a
8.2% increase in revenue to $340.125 million from $314.41
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Bentley Systems Inc is
for
earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Bentley
Systems
Inc is $60.00​, above​ its last closing price of $51.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.18        0.18       0.20      Beat    13.7
 Sep. 30 2023  0.19        0.19       0.22      Beat    16
 Jun. 30 2023  0.19        0.19       0.24      Beat    26.8​
 Jan. 1 0001   0.21        0.21       0.25      Beat    20.8
 ​​Dec.        0.18        0.19       0.19      Met     2.4
 31 2022                                                
 Sep. 30 2022  0.17        0.17       0.19      Beat    10.3​
 Jun. 30 2022  0.17        0.17       0.22      Beat    26.6
 Mar. 31 2022  0.20        0.21       0.24      Beat    17.1
 This summary was machine generated May 3 at 14:46 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)