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

Manhattan Associates

24/10/2023 23:05

* Manhattan Associates Inc  MANH.OQ  reported quarterly
adjusted
earnings of $1.05​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 76 cents per share.
    * Revenue rose 20.4% to $238.44 million from a year ago;
analysts
expected $226.21 million. 
    * Manhattan Associates Inc's reported EPS for the quarter
was 79
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.5%
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 6.7% this
quarter and gained 51.9% so far this year.
    * The company reported quarterly net income of $49.42
million.
    * Wall Street's median 12-month price target for Manhattan
Associates Inc is $216.50 
    * 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
October 24 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.76           1.05           Beat
 Jun. 30 2023      0.72           0.88           Beat
 Mar. 31 2023      0.64           0.80           Beat
 Dec. 31 2022      0.50           0.81           Beat