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

Bentley Systems

10/05/2022 15:17

* Bentley Systems Inc  BSY.OQ  reported quarterly adjusted
earnings of 24 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue rose 24.1% to $275.52 million from a year ago; 
analysts
expected $268.19 million. 
    * Bentley Systems Inc's reported EPS for the quarter was 18
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Bentley Systems Inc shares had fallen by 18.1% this
quarter and
lost 25.1% so far this year.
    * The company reported quarterly net income of $56.39
million.
    * Wall Street's median 12-month price target for Bentley
Systems
Inc is $55.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 10 at 02:17 p.m.  ​All
figures in US dollars unless otherwise stated