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

SPS Commerce

26/10/2023 22:50

* SPS Commerce Inc  SPSC.OQ  reported quarterly adjusted
earnings
of 75 cents​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of 67 cents per share.
    * Revenue rose 18.5% to $135.66 million from a year ago;
analysts
expected $134.23 million. 
    * SPS Commerce Inc's reported EPS for the quarter was 45
cents​.
    * The mean earnings estimate of analysts had fallen 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 8.3% this
quarter and
gained 21.8% so far this year.
    * The company reported quarterly net income of $16.84
million.
    * Wall Street's median 12-month price target for SPS
Commerce Inc
is $200.00 
    * 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
October 26 at 09:49 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.67           0.75           Beat
 Jun. 30 2023      0.63           0.69           Beat
 Mar. 31 2023      0.58           0.67           Beat
 Dec. 31 2022      0.54           0.63           Beat