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

Bentley Systems

08/11/2022 14:33

* Bentley Systems Inc  BSY.OQ  reported quarterly adjusted
earnings of 19 cents​​ per share for the quarter ended in
September. The mean expectation of nine analysts for the quarter
was for earnings of 17 cents per share.
    * Revenue rose 8% to $268.33 million from a year ago;
analysts
expected $272.50 million. 
    * Bentley Systems Inc's reported EPS for the quarter was 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Bentley Systems Inc shares had risen by 10.7% this
quarter and
lost 29.9% so far this year.
    * The company reported quarterly net income of $36.99
million.
    * Wall Street's median 12-month price target for Bentley
Systems
Inc is $44.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
8 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.17           0.19           Beat
 Jun. 30 2022      0.17           0.22           Beat
 Mar. 31 2022      0.21           0.24           Beat
 Dec. 31 2021      0.17           0.23           Beat