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

Bentley Systems

09/08/2022 17:18

* Bentley Systems Inc  BSY.OQ  reported quarterly adjusted
earnings of 22 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 17 cents per share.
    * Revenue rose 20.3% to $268.29 million from a year ago;
analysts
expected $267.01 million. 
    * Bentley Systems Inc's reported EPS for the quarter was 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Bentley Systems Inc shares had risen by 22.3% this
quarter and
lost 15.7% so far this year.
    * The company reported quarterly net income of $55.66
million.
    * Wall Street's median 12-month price target for Bentley
Systems
Inc is $45.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 04:18 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.17           0.22           Beat
 Mar. 31 2022      0.21           0.24           Beat
 Dec. 31 2021      0.17           0.23           Beat
 Sep. 30 2021      0.17           0.18           Beat