Perficient Inc expected to post earnings of $1.01 a share - Earnings Preview

Perficient

23/02/2024 14:56

* Perficient Inc  PRFT.OQ   PRFT.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The St. Louis Missouri-based  company is expected to
report a
3.8% decrease in revenue to $223.712 million from $232.6 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.The company's guidance on October 31 2023,
for the period ended December 31, was for revenue between
$221.00 million and $226.00 million.
    * ​LSEG's mean analyst estimate for Perficient Inc is for
earnings
of $1.01 per share. The company's EPS guidance on October 31
2023, for the period ended December 31, was between $0.98 and
$1.03 
    * 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 Perficient
Inc is
$73.00​, above​ its last closing price of $69.10. ​​​

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  0.92        0.92       0.92      Met     0.3
 Jun. 30 2023  1.11        1.11       1.00      Missed  -9.6
 Mar. 31 2023  1.03        1.03       1.04      Beat    0.5​
 Dec. 31 2022  1.13        1.13       1.14      Beat    0.6
 ​​Sep.        1.10        1.10       1.11      Beat    0.9
 30 2022                                                
 Jun. 30 2022  1.05        1.05       1.06      Beat    0.5​
 Mar. 31 2022  0.95        0.95       0.98      Beat    3.2
 Dec. 31 2021  0.92        0.92       1.00      Beat    8.5
 This summary was machine generated February 23 at 14:56 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)