SPS Commerce Inc expected to post earnings of 70 cents a share - Earnings Preview

SPS Commerce

06/02/2024 21:24

* SPS Commerce Inc  SPSC.OQ   SPSC.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 8 for
the period ending December 31 2023
    * The Minneapolis Minnesota-based  company is expected to
report a
17.3% increase in revenue to $143.087 million from $122.02
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on October
26 2023, for the period ended December 31, was for revenue
between $142.20 million and $143.20 million.
    * ​LSEG's mean analyst estimate for SPS Commerce Inc is for
earnings of 70 cents per share. The company's EPS guidance on
October 26 2023, for the period ended December 31, was between
$0.67 and $0.69 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 $200.00​, above​ its last closing price of $178.61. ​​​

The company's guidance on October 26 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD142.2 million and
USD41.3 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.66        0.67       0.75      Beat    11.3
 Jun. 30 2023  0.63        0.63       0.69      Beat    9.7
 Mar. 31 2023  0.57        0.58       0.67      Beat    15.9​
 Dec. 31 2022  0.53        0.54       0.63      Beat    17.3
 ​​Sep.        0.53        0.52       0.63      Beat    20.1
 30 2022                                                
 Jun. 30 2022  0.49        0.49       0.53      Beat    7.4​
 Mar. 31 2022  0.47        0.47       0.55      Beat    16.7
 Dec. 31 2021  0.43        0.42       0.47      Beat    11.9
 This summary was machine generated February 6 at 21:24 GMT.  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)