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

Sapiens International NV

03/05/2023 13:00

* Sapiens International Corporation NV  SPNS.OQ  reported
quarterly adjusted earnings of 31 cents​​ per share for the
quarter ended in March. The mean expectation of six analysts for
the quarter was for earnings of 31 cents per share.
    * Revenue rose 5.9% to $124.70 million from a year ago;
analysts
expected $121.94 million. 
    * Sapiens International Corporation NV's reported EPS for
the
quarter was 26 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Sapiens International Corporation NV shares had fallen
by 8.1%
this quarter and gained 8.0% so far this year.
    * The company reported quarterly net income of $14.2
million.
    * Wall Street's median 12-month price target for Sapiens
International Corporation NV is $25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 11:59 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.31           0.31           Met
 Dec. 31 2022      0.31           0.32           Beat
 Sep. 30 2022      0.30           0.30           Met
 Jun. 30 2022      0.30           0.27           Missed