American Software Inc expected to post earnings of 8 cents a share - Earnings Preview

Logility Supply Chain Solutions

04/06/2024 21:03

* American Software Inc  AMSWA.OQ   AMSWA.O  is expected
to show a
fall in quarterly revenue when it reports  results on June 6 for
the period ending April 30 2024
    * The Atlanta Georgia-based  company is expected to report a
16.0% decrease in revenue to $25.122 million from $29.91 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for American Software Inc is
for
earnings of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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 American
Software
Inc is $16.00​, above​ its last closing price of $10.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.07        0.07       0.19      Beat    185
 Oct. 31 2024  0.08        0.09       0.08      Missed  -6.6
 Jul. 31 2023  0.10        0.09       0.12      Beat    28.6​
 Apr. 30 2023  0.09        0.09       0.12      Beat    34.8
 ​​Jan.        0.11        0.10       0.13      Beat    36.5
 31 2023                                                
 Oct. 31 2022  0.07        0.08       0.10      Beat    30.7​
 Jul. 31 2022  0.08        0.08       0.10      Beat    33.3
 Apr. 30 2022  0.07        0.08       0.13      Beat    62.5
 This summary was machine generated June 4 at 20:03 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)