SPS Commerce Inc reports results for the quarter ended June 30 - Earnings Summary
SPS Commerce Inc reports results for the quarter ended June 30 - Earnings Summary
SPS Commerce Inc SPSC.OQ reported quarterly adjusted earnings of $1.27 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.00. The mean expectation of eleven analysts for the quarter was for earnings of $1.09 per share. Wall Street expected results to range from $1.06 to $1.21 per share.
Revenue rose 5.6% to $197.82 million from a year ago; analysts expected $195.46 million.
SPS Commerce Inc's reported EPS for the quarter was 19 cents.
The company reported quarterly net income of $6.86 million.
SPS Commerce Inc shares had risen by 15.1% this quarter and lost 26.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for SPS Commerce Inc is $65.00, about 1.3% below its last closing price of $65.83
This summary was machine generated from LSEG data July 31 at 06:11 a.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.09 | 1.27 | Beat |
Mar. 31 2026 | 0.98 | 1.10 | Beat |
Dec. 31 2025 | 1.01 | 1.14 | Beat |
Sep. 30 2025 | 1.00 | 1.13 | Beat |
Recent news on SPS Commerce
See all newsSPS Commerce Inc reports results for the quarter ended June 30 - Earnings Summary
SPS Commerce Q2 revenue beats estimates
Brief: SPS Commerce Q2 Revenue USD 197.8 Million Vs. IBES Estimate USD 195.5 Million
Corrected: EXCLUSIVE-SPS Commerce explores sale amid activist pressure, sources say
SPS Commerce explores sale amid activist pressure, sources say