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

Sapiens International NV

08/05/2024 14:31

* Sapiens International Corporation NV  SPNS.OQ  reported
quarterly adjusted earnings of 36 cents​​ per share for the
quarter ended in March, higher than the same quarter last year,
when the company reported EPS of 31 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 34 cents to 35
cents per share.
    * Revenue rose 7.7% to $134.25 million from a year ago;
analysts
expected $133.69 million. 
    * Sapiens International Corporation NV's reported EPS for
the
quarter was 31 cents​.
    * The company reported quarterly net income of $17.36
million.
    * Sapiens International Corporation NV shares had fallen
by 2.4%
this quarter and gained 8.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
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 $36.00 
This summary was machine generated from LSEG data May 8 at 01:31
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
 Mar. 31 2024      0.34           0.36           Beat
 Dec. 31 2023      0.34           0.36           Beat
 Sep. 30 2023      0.34           0.34           Met
 Jun. 30 2023      0.32           0.33           Beat