Perficient Inc expected to post earnings of $1.11 a share - Earnings Preview

Perficient

25/07/2023 16:19

* Perficient Inc  PRFT.OQ   PRFT.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 27. 
    * The St. Louis Missouri-based  company is expected to
report  a
5.3% increase in revenue to $234.574 million from $222.74
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on May
2 2023, for the period ended June 30, was for revenue between
$231.00 million and $237.00 million.
    * ​Refinitiv's mean analyst estimate for Perficient Inc is
for
earnings of $1.11 per share. The company's EPS guidance on May 2
2023, for the period ended June 30, was between $1.08 and $1.13 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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
$85​, below​ its last closing price of $92.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.03        1.03       1.04      Beat    0.5
 Dec. 31 2023  1.13        1.13       1.14      Beat    0.6
 Sep. 30 2022  1.10        1.10       1.11      Beat    0.9​
 Jun. 30 2022  1.05        1.05       1.06      Beat    0.5
 ​​Mar.        0.95        0.95       0.98      Beat    3.2
 31 2022                                                
 Dec. 31 2021  0.92        0.92       1.00      Beat    8.5​
 Sep. 30 2021  0.86        0.86       0.88      Beat    2.9
 Jun. 30 2021  0.78        0.77       0.84      Beat    9.2
 This summary was machine generated July 25 at 15:19 GMT.  All
figures in US dollars  unless otherwise stated