SPS Commerce Inc reports results for the quarter ended in June - Earnings Summary

SPS Commerce

27/07/2023 22:45

* SPS Commerce Inc  SPSC.OQ  reported quarterly adjusted
earnings
of 69 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 63 cents per share.
    * Revenue rose 19.5% to $130.42 million from a year ago;
analysts
expected $128.82 million. 
    * SPS Commerce Inc's reported EPS for the quarter was 39
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * SPS Commerce Inc shares had fallen by 8.9% this
quarter and
gained 36.3% so far this year.
    * The company reported quarterly net income of $14.68
million.
    * Wall Street's median 12-month price target for SPS
Commerce Inc
is $184.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 09:44 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.63           0.69           Beat
 Mar. 31 2023      0.58           0.67           Beat
 Dec. 31 2022      0.54           0.63           Beat
 Sep. 30 2022      0.52           0.63           Beat