Tyler Technologies Inc reports results for the quarter ended in June - Earnings Summary

Tyler Technologies

27/07/2023 03:09

* Tyler Technologies Inc  TYL.N  reported quarterly adjusted
earnings of $2.01​​ per share for the quarter ended in June. The
mean expectation of sixteen analysts for the quarter was
for earnings of $1.89 per share.
    * Revenue rose 7.6% to $504.28 million from a year ago;
analysts
expected $491.29 million. 
    * Tyler Technologies Inc's reported EPS for the quarter was
$1.15​.
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Tyler Technologies Inc shares had fallen by 2.0% this
quarter and gained 26.6% so far this year.
    * The company reported quarterly net income of $49.13
million.
    * Wall Street's median 12-month price target for Tyler
Technologies Inc is $442.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:09 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.89           2.01           Beat
 Mar. 31 2023      1.69           1.76           Beat
 Dec. 31 2022      1.75           1.66           Missed
 Sep. 30 2022      1.86           2.06           Beat