SPS Commerce Inc reports results for the quarter ended March 31 - Earnings Summary

SPS Commerce

24/04/2025 22:01

SPS Commerce Inc SPSC.OQ reported quarterly adjusted earnings of $1.00​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 86 cents.  The mean expectation of nine analysts for the quarter was for earnings of 85 cents per share. Wall Street expected results to range from 83 cents to 91 cents per share.

Revenue rose 21.4% to $181.55 million from a year ago; analysts expected $179.02 million.

SPS Commerce Inc's reported EPS for the quarter was 58 cents​.

The company reported quarterly net income of $22.2 million.

SPS Commerce Inc shares had fallen by 0.2% this quarter and lost 28.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 6.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for SPS Commerce Inc is $188.75

This summary was machine generated from LSEG data April 24 at 09:01 p.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
Mar. 31 2025
0.85
1.00
Beat
Dec. 31 2024
0.87
0.89
Beat
Sep. 30 2024
0.83
0.92
Beat
Jun. 30 2024
0.77
0.80
Beat