Ibex Ltd reports results for the quarter ended in December - Earnings Summary

IBEX

08/02/2024 22:43

* Ibex Ltd  IBEX.OQ  reported quarterly adjusted earnings of
44
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 62
cents.  The mean expectation of five analysts for the quarter
was for earnings of 50 cents per share. Wall Street expected
results to range from 46 cents to 55 cents per share.
    * Revenue fell 4.8% to $132.63 million from a year ago;
analysts
expected $134.92 million. 
    * Ibex Ltd's reported EPS for the quarter was 33 cents​.
    * The company reported quarterly net income of $6.08
million.
    * Ibex Ltd shares had fallen by 9.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Ibex Ltd is
$19.00 
This summary was machine generated from LSEG data February 8 at
10:42 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.50           0.44           Missed
 Sep. 30 2023      0.36           0.40           Beat
 Jun. 30 2023      0.49           0.33           Missed
 Mar. 31 2023      0.39           0.59           Beat