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

Bentley Systems

09/05/2023 14:33

* Bentley Systems Inc  BSY.OQ  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in March.
The mean expectation of ten analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue rose 14.1% to $314.41 million from a year ago;
analysts
expected $298.65 million. 
    * Bentley Systems Inc's reported EPS for the quarter was 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Bentley Systems Inc shares had fallen by 2.1% this
quarter and
gained 13.8% so far this year.
    * The company reported quarterly net income of $45.49
million.
    * Wall Street's median 12-month price target for Bentley
Systems
Inc is $47.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.21           0.25           Beat
 Dec. 31 2022      0.19           0.19           Met
 Sep. 30 2022      0.17           0.19           Beat
 Jun. 30 2022      0.17           0.22           Beat