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

Logility Supply Chain Solutions

24/08/2023 22:52

* American Software Inc  AMSWA.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in July.
The mean expectation of four analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue fell 6.8% to $29.17 million from a year ago;
analysts
expected $29.24 million. 
    * American Software Inc's reported EPS for the quarter was 8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * American Software Inc shares had risen by 4.7% this
quarter and
lost 25.1% so far this year.
    * The company reported quarterly net income of $2.75
million.
    * Wall Street's median 12-month price target for American
Software
Inc is $17.00 
    * 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
August 24 at 09:52 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.09           0.12           Beat
 Apr. 30 2023      0.09           0.12           Beat
 Jan. 31 2023      0.10           0.13           Beat
 Oct. 31 2022      0.08           0.10           Beat