SPS Commerce Inc expected to post earnings of 83 cents a share - Earnings Preview

SPS Commerce

23/10/2024 04:56

* SPS Commerce Inc  SPSC.OQ   SPSC.O  is expected to show a
rise
in quarterly revenue when it reports  results on October 24 for
the period ending September 30 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
18.2% increase in revenue to $160.292 million from $135.66
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on July 25
2024, for the period ended September 30, was for revenue between
$157.60 million and $158.60 million.
    * ​LSEG's mean analyst estimate for SPS Commerce Inc is for
earnings of 83 cents per share. The company's EPS guidance on
July 25 2024, for the period ended September 30, was between
$0.83 and $0.84 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $230.00​, above​ its last closing price of $191.43. ​​​

The company's guidance on July 25 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD157.6 million and
USD47.7 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  
 Jun. 30 2024  0.77        0.77       0.80      Beat    4.2
 Mar. 31 2024  0.74        0.74       0.86      Beat    17
 Dec. 31 2023  0.70        0.70       0.75      Beat    7.9​
 Sep. 30 2023  0.66        0.67       0.75      Beat    11.3
 ​​Jan.        0.63        0.63       0.69      Beat    9.7
 1 0001                                                 
 Jan. 1 0001   0.57        0.58       0.67      Beat    15.9​
 Dec. 31 2022  0.53        0.54       0.63      Beat    17.3
 Jan. 1 0001   0.53        0.52       0.63      Beat    20.1
 This summary was machine generated October 23 at 03:56 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)