Manhattan Associates Inc expected to post earnings of 96 cents a share - Earnings Preview

Manhattan Associates

19/07/2024 21:31

* Manhattan Associates Inc  MANH.OQ   MANH.O  is expected
to show
a rise in quarterly revenue when it reports  results on July 23
for the period ending January 1 0001
    * The Atlanta Georgia-based  company is expected to report a
10.8% increase in revenue to $255.878 million from $231.02
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on April 23
2024, for the period ended June 30, was for revenue between
$254.00 million and $258.00 million.
    * ​LSEG's mean analyst estimate for Manhattan Associates Inc
is
for earnings of 96 cents per share. The company's EPS guidance
on April 23 2024, for the period ended June 30, was about
USD0.96
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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 $251.00​, above​ its last closing price
of $219.05. ​​​

The company's guidance on April 23 2024 for the period ended
June 30 was for Earnings before Interest and Taxes between
USD74.93 million and USD76.11 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  
 Jan. 1 0001   0.87        0.87       1.03      Beat    18.5
 Dec. 31 0001  0.80        0.80       1.03      Beat    28.5
 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.        0.65        0.64       0.80      Beat    24.7
 31 2023                                                
 Dec. 31 2022  0.50        0.50       0.81      Beat    63.1​
 Jan. 1 0001   0.57        0.57       0.66      Beat    15.5
 Jun. 30 2022  0.53        0.54       0.69      Beat    29
 This summary was machine generated July 19 at 20:31 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)