Sapiens International Corporation NV reports results for the quarter ended in December - Earnings Summary

Sapiens International NV

20/02/2024 14:30

* Sapiens International Corporation NV  SPNS.OQ  reported
quarterly adjusted earnings of 36 cents​​ per share for the
quarter ended in December, higher than the same quarter last
year, when the company reported EPS of 32 cents.  The mean
expectation of six analysts for the quarter was for earnings of
34 cents per share. Wall Street expected results to range from
33 cents to 35 cents per share.
    * Revenue rose 9.6% to $130.91 million from a year ago;
analysts
expected $130.73 million. 
    * Sapiens International Corporation NV's reported EPS for
the
quarter was 30 cents​.
    * The company reported quarterly net income of $16.97
million.
    * Sapiens International Corporation NV shares had fallen
by 0.1%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
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 "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Sapiens
International Corporation NV is $34.00 
This summary was machine generated from LSEG data February 20 at
02:30 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      0.34           0.36           Beat
 Sep. 30 2023      0.34           0.34           Met
 Jun. 30 2023      0.32           0.33           Beat
 Mar. 31 2023      0.31           0.31           Met