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

Sapiens International NV

01/08/2024 14:31

* Sapiens International Corporation NV  SPNS.OQ  reported
quarterly adjusted earnings of 37 cents​​ per share for the
quarter ended in January, higher than the same quarter last
year, when the company reported EPS of 33 cents.  The mean
expectation of six analysts for the quarter was for earnings of
36 cents per share. Wall Street expected results to range from
35 cents to 38 cents per share.
    * Revenue rose 6.6% to $136.80 million from a year ago;
analysts
expected $137.65 million. 
    * Sapiens International Corporation NV's reported EPS for
the
quarter was 33 cents​.
    * The company reported quarterly net income of $18.62
million.
    * Sapiens International Corporation NV shares had risen
by 14.6%
this quarter and gained 34.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.3%
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 $38.00 
This summary was machine generated from LSEG data August 1 at
01:30 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
 Jun. 30 2024      0.36           0.37           Beat
 Mar. 31 2024      0.34           0.36           Beat
 Dec. 31 2023      0.34           0.36           Beat
 Sep. 30 2023      0.34           0.34           Met