Computer Programs and Systems Inc reports results for the quarter ended in December - Earnings Summary

Trubridge

29/02/2024 22:43

* Computer Programs and Systems Inc  CPSI.OQ  reported
quarterly
adjusted earnings of 36 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of 61 cents.  The mean expectation of
four analysts for the quarter was for earnings of 35 cents per
share. Wall Street expected results to range from 34 cents to 36
cents per share.
    * Revenue rose 3.2% to $85.87 million from a year ago;
analysts
expected $85.26 million. 
    * Computer Programs and Systems Inc's reported EPS for the
quarter
was a loss of $2.92​.
    * The company reported a quarterly loss of $42.47 million.
    * Computer Programs and Systems Inc shares had fallen
by 20.5%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "hold"

Wall Street's median 12-month price target for Computer Programs
and Systems Inc is $16.00 
This summary was machine generated from LSEG data February 29 at
10:41 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
 Dec. 31 2023      0.35           0.36           Beat
 Sep. 30 2023      0.42           0.45           Beat
 Jun. 30 2023      0.58           0.40           Missed
 Mar. 31 2023      0.70           0.58           Missed