Manhattan Associates Inc reports results for the quarter ended in June - Earnings Summary

Manhattan Associates

25/07/2023 23:02

* Manhattan Associates Inc  MANH.OQ  reported quarterly
adjusted
earnings of 88 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 72 cents per share.
    * Revenue rose 20.4% to $231.02 million from a year ago;
analysts
expected $216.69 million. 
    * Manhattan Associates Inc's reported EPS for the quarter
was 63
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Manhattan Associates Inc shares had fallen by 3.9% this
quarter and gained 58.3% so far this year.
    * The company reported quarterly net income of $39.62
million.
    * Wall Street's median 12-month price target for Manhattan
Associates Inc is $185.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
25 at 10:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.72           0.88           Beat
 Mar. 31 2023      0.64           0.80           Beat
 Dec. 31 2022      0.50           0.81           Beat
 Sep. 30 2022      0.57           0.66           Beat