American Software Inc reports results for the quarter ended in April - Earnings Summary

Logility Supply Chain Solutions

08/06/2023 22:02

* American Software Inc  AMSWA.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in April.
The mean expectation of four analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue fell 13.7% to $29.91 million from a year ago;
analysts
expected $30.71 million. 
    * American Software Inc's reported EPS for the quarter was 8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * American Software Inc shares had risen by 7.1% this
quarter and
lost 8.0% so far this year.
    * The company reported quarterly net income of $2.87
million.
    * Wall Street's median 12-month price target for American
Software
Inc is $19.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
8 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.09           0.12           Beat
 Jan. 31 2023      0.10           0.13           Beat
 Oct. 31 2022      0.08           0.10           Beat
 Jul. 31 2022      0.08           0.10           Beat