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

EngageSmart

02/11/2023 20:38

* EngageSmart Inc  ESMT.N  reported quarterly adjusted
earnings of
11 cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 9 cents.  The mean expectation of ten analysts for the
quarter was for earnings of 6 cents per share. Wall Street
expected results to range from 3 cents to 10 cents per share.
    * Revenue rose 24% to $97.73 million from a year ago;
analysts
expected $95.66 million. 
    * EngageSmart Inc's reported EPS for the quarter was 7
cents​.
    * The company reported quarterly net income of $11.53
million.
    * EngageSmart Inc shares had risen by 25.8% this quarter and
gained 28.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for EngageSmart Inc
is $23.00 
This summary was machine generated from LSEG data November 2 at
08:38 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.06           0.11           Beat
 Jun. 30 2023      0.07           0.08           Beat
 Mar. 31 2023      0.06           0.07           Beat
 Dec. 31 2022      0.05