Manhattan Associates Inc expected to post earnings of 72  cents a share - Earnings Preview

Manhattan Associates

22/07/2023 01:51

* Manhattan Associates Inc  MANH.OQ   MANH.O  is expected
to show
a rise in quarterly revenue when it reports  results on July
25. 
    * The Atlanta Georgia-based  company is expected to report 
a
12.9% increase in revenue to $216.688 million from $191.92
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
April 25 2023, for the period ended June 30, was for revenue of
$216.000 million.
    * ​Refinitiv's mean analyst estimate for Manhattan
Associates Inc
is for earnings of 72 cents per share. The company's EPS
guidance on April 25 2023, for the period ended June 30, was
about USD0.72
    * 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 $185​, below​ its last closing price
of $193.97. ​​​

The company's guidance on April 25 2023 for the period ended
June 30 was for Earnings before Interest and Taxes of USD57.24
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  
 Mar. 31 2023  0.65        0.64       0.80      Beat    24.7
 Dec. 31 2023  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.        0.45        0.45       0.60      Beat    33.3
 31 2022                                                
 Dec. 31 2021  0.39        0.39       0.48      Beat    24.7​
 Sep. 30 2021  0.54        0.54       0.71      Beat    31.1
 Jun. 30 2021  0.43        0.43       0.61      Beat    41.4
 This summary was machine generated July 22 at 00:51 GMT.  All
figures in US dollars  unless otherwise stated