Manhattan Associates Inc expected to post earnings of 64  cents a share - Earnings Preview

Manhattan Associates

21/04/2023 22:06

* Manhattan Associates Inc  MANH.OQ   MANH.O  is expected
to show
a rise in quarterly revenue when it reports  results on April
25. 
    * The Atlanta Georgia-based  company is expected to report 
a
12.0% increase in revenue to $200.508 million from $178.96
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
February 2 2023, for the period ended March 31, was for revenue
between $198.00 million and $202.00 million.
    * ​Refinitiv's mean analyst estimate for Manhattan
Associates Inc
is for earnings of 64 cents per share. The company's EPS
guidance on February 2 2023, for the period ended March 31, was
between $0.64 and $0.66 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 Manhattan
Associates Inc is $166.5​, above​ its last closing price
of $156.23. ​​​

The company's guidance on February 2 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD51.48 million and USD52.52 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.50        0.50       0.81      Beat    63.1
 Sep. 30 2022  0.57        0.57       0.66      Beat    15.5
 Jun. 30 2022  0.53        0.54       0.69      Beat    29​
 Mar. 31 2022  0.45        0.45       0.60      Beat    33.3
 ​​Dec.        0.39        0.39       0.48      Beat    24.7
 31 2021                                                
 Sep. 30 2021  0.54        0.54       0.71      Beat    31.1​
 Jun. 30 2021  0.43        0.43       0.61      Beat    41.4
 Mar. 31 2021  0.33        0.32       0.43      Beat    33.2
 This summary was machine generated April 21 at 21:06 GMT.  All
figures in US dollars  unless otherwise stated