Manhattan Associates Inc expected to post earnings of 80 cents a share - Earnings Preview

Manhattan Associates

26/01/2024 21:31

* Manhattan Associates Inc  MANH.OQ   MANH.O  is expected
to show
a rise in quarterly revenue when it reports  results on January
30 for the period ending December 31 2023
    * The Atlanta Georgia-based  company is expected to report a
13.1% increase in revenue to $223.97 million from $198.1 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.The company's guidance on October 24 2023,
for the period ended December 31, was for revenue of $223.000
million.
    * ​LSEG's mean analyst estimate for Manhattan Associates Inc
is
for earnings of 80 cents per share. The company's EPS guidance
on October 24 2023, for the period ended December 31, was about
USD0.8
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $239.85​, above​ its last closing price
of $218.28. ​​​

The company's guidance on October 24 2023 for the period ended
December 31 was for Earnings before Interest and Taxes of
USD60.21 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.76        0.76       1.05      Beat    37.4
 Jun. 30 2023  0.72        0.72       0.88      Beat    21.9
 Mar. 31 2023  0.65        0.64       0.80      Beat    24.7​
 Dec. 31 2022  0.50        0.50       0.81      Beat    63.1
 ​​Sep.        0.57        0.57       0.66      Beat    15.5
 30 2022                                                
 Jun. 30 2022  0.53        0.54       0.69      Beat    29​
 Mar. 31 2022  0.45        0.45       0.60      Beat    33.3
 Dec. 31 2021  0.39        0.39       0.48      Beat    24.7
 This summary was machine generated January 26 at 21:30 GMT.  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)