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

Logility Supply Chain Solutions

06/06/2024 22:57

* American Software Inc  AMSWA.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in
January, identical to the same quarter last year.  The mean
expectation of three analysts for the quarter was for earnings
of 8 cents per share.  8 cents per share.
    * Revenue fell 15.1% to $25.39 million from a year ago;
analysts
expected $25.12 million. 
    * American Software Inc's reported EPS for the quarter was 7
cents​.
    * The company reported quarterly net income of $2.17
million.
    * American Software Inc shares had fallen by 9.4% this
quarter and
lost 8.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.3%
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 3 "strong buy" or "buy," no
"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 American Software
Inc is $16.00 
This summary was machine generated from LSEG data June 6 at
09:57 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
 Jan. 1 0001                      0.12           
 Jan. 31 2024                     0.19           
 Oct. 31 2023      0.09           0.08           Missed
 Jul. 31 2023      0.09           0.12           Beat