ePlus inc expected to post earnings of $1.17 a share - Earnings Preview

ePlus

03/08/2024 03:58

* ePlus inc  PLUS.OQ   PLUS.O  is expected to show a fall in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Herndon Virginia-based  company is expected to report
a
3.3% decrease in revenue to $555.233 million from $574.18
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for ePlus inc is for
earnings of
$1.17 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ePlus inc
is
$96.00​, above​ its last closing price of $82.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.17        1.17       0.93      Missed  -20.5
 Dec. 31 2024  1.38        1.38       1.18      Missed  -14.5
 Sep. 30 2023  1.33        1.34       1.40      Beat    4.5​
 Jun. 30 2023  1.01        0.99       1.41      Beat    43.1
 ​​Mar.        1.05        1.06       1.36      Beat    28.3
 31 2023                                                
 Dec. 31 2022  1.26        1.09       1.38      Beat    27​
 Sep. 30 2022  1.09        1.07       1.29      Beat    21.1
 Jun. 30 2022  0.99        0.99       0.99      Met     0.5
 This summary was machine generated August 3 at 02:58 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)