Perficient Inc expected to post earnings of 77 cents a share - Earnings Preview

Perficient

03/05/2024 14:09

* Perficient Inc  PRFT.OQ   PRFT.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The St. Louis Missouri-based  company is expected to
report a
6.8% decrease in revenue to $215.686 million from $231.41
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on February
27 2024, for the period ended March 31, was for revenue between
$212.00 million and $218.00 million.
    * ​LSEG's mean analyst estimate for Perficient Inc is for
earnings
of 77 cents per share. The company's EPS guidance on February 27
2024, for the period ended March 31, was between $0.74 and
$0.79 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$70.00​, above​ its last closing price of $48.85. ​​​

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               1.01       0.99      Missed  -1.6
 Jan. 1 0001   0.92        0.92       0.92      Met     0.3
 Jan. 1 0001   1.11        1.11       1.00      Missed  -9.6​
 Jan. 1 0001   1.03        1.03       1.04      Beat    0.5
 ​​Dec.        1.13        1.13       1.14      Beat    0.6
 31 2022                                                
 Sep. 30 2022  1.10        1.10       1.11      Beat    0.9​
 Jan. 1 0001   1.05        1.05       1.06      Beat    0.5
 Jan. 1 0001   0.95        0.95       0.98      Beat    3.2
 This summary was machine generated May 3 at 13:09 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)