ePlus inc reports results for the quarter ended in June - Earnings Summary

ePlus

07/08/2023 23:05

* ePlus inc  PLUS.OQ  reported quarterly adjusted earnings
of
$1.41​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 99 cents per share.
    * Revenue rose 25.3% to $574.18 million from a year ago;
analysts
expected $495.76 million. 
    * ePlus inc's reported EPS for the quarter was $1.27​.
    * The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ePlus inc shares had risen by 3.6% this quarter and
gained 31.7%
so far this year.
    * The company reported quarterly net income of $33.85
million.
    * Wall Street's median 12-month price target for ePlus inc
is
$64.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.99           1.41           Beat
 Mar. 31 2023      1.06           1.36           Beat
 Dec. 31 2022      1.09           1.38           Beat
 Sep. 30 2022      1.07           1.29           Beat