Perficient Inc reports results for the quarter ended in December - Earnings Summary

Perficient

27/02/2024 14:32

* Perficient Inc  PRFT.OQ  reported quarterly adjusted
earnings of
99 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of $1.14.  The mean expectation of eight analysts for the
quarter was for earnings of $1.01 per share. Wall Street
expected results to range from 99 cents to $1.02 per share.
    * Revenue fell 5.1% to $220.79 million from a year ago;
analysts
expected $223.71 million. 
    * Perficient Inc's reported EPS for the quarter was 65
cents​.
    * The company reported quarterly net income of $23.71
million.
    * Perficient Inc shares had risen by 3.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Perficient
Inc is
$73.00 

This summary was machine generated from LSEG data February 27 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.01           0.99           Missed
 Sep. 30 2023      0.92           0.92           Met
 Jun. 30 2023      1.11           1.00           Missed
 Mar. 31 2023      1.03           1.04           Beat