SPS Commerce Inc expected to post earnings of 63  cents a share - Earnings Preview

SPS Commerce

25/07/2023 22:18

* SPS Commerce Inc  SPSC.OQ   SPSC.O  is expected to show a
rise
in quarterly revenue when it reports  results on July 27. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 18.0% increase in revenue to $128.821 million from $109.18
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
April 26 2023, for the period ended June 30, was for revenue
between $128.00 million and $128.80 million.
    * ​Refinitiv's mean analyst estimate for SPS Commerce Inc is
for
earnings of 63 cents per share. The company's EPS guidance on
April 26 2023, for the period ended June 30, was between $0.62
and $0.63 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for SPS
Commerce Inc
is $184​, above​ its last closing price of $177.89. ​​​

The company's guidance on April 26 2023 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD128 million and USD37 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.57        0.58       0.67      Beat    15.9
 Dec. 31 2023  0.53        0.54       0.63      Beat    17.3
 Sep. 30 2022  0.53        0.52       0.63      Beat    20.1​
 Jun. 30 2022  0.49        0.49       0.53      Beat    7.4
 ​​Mar.        0.47        0.47       0.55      Beat    16.7
 31 2022                                                
 Dec. 31 2021  0.43        0.42       0.47      Beat    11.9​
 Sep. 30 2021  0.41        0.42       0.47      Beat    13.1
 Jun. 30 2021  0.40        0.40       0.46      Beat    15
 This summary was machine generated July 25 at 21:18 GMT.  All
figures in US dollars  unless otherwise stated