Perficient Inc expected to post earnings of 92  cents a share - Earnings Preview

Perficient

27/10/2023 19:33

* Perficient Inc  PRFT.OQ   PRFT.O  is expected to show a
fall in
quarterly revenue when it reports  results 
    * The St. Louis Missouri-based  company is expected to
report  a
2.5% decrease in revenue to $222.019 million from $227.61
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
July 27 2023, for the period ended September 30, was for revenue
between 220.00 million and 226.00 million.
    * ​Refinitiv's mean analyst estimate for Perficient Inc is
for
earnings of 92 cents per share. The company's EPS guidance on
July 27 2023, for the period ended September 30, was between
0.89 and 0.94 
    * 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
$75​, above​ its last closing price of $52.07. ​​​

The company's guidance on July 27 2023 for the period ended
September 30 was for gross profit margin of 39%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.10        1.10       1.11      Beat    0.9
 ​​Jun.        1.05        1.05       1.06      Beat    0.5
 30 2022                                                
 Mar. 31 2022  0.95        0.95       0.98      Beat    3.2​
 Dec. 31 2021  0.92        0.92       1.00      Beat    8.5
 Sep. 30 2021  0.86        0.86       0.88      Beat    2.9
 This summary was machine generated October 27 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated