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

Tyler Technologies

26/04/2023 23:19

* Tyler Technologies Inc  TYL.N  reported quarterly adjusted
earnings of $1.76​​ per share for the quarter ended in March.
The mean expectation of seventeen analysts for the quarter was
for earnings of $1.69 per share.
    * Revenue rose 3.5% to $471.85 million from a year ago;
analysts
expected $471.43 million. 
    * Tyler Technologies Inc's reported EPS for the quarter was
73
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9% in
the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Tyler Technologies Inc shares had risen by 2.6% this
quarter and
gained 12.9% so far this year.
    * The company reported quarterly net income of $30.88
million.
    * Wall Street's median 12-month price target for Tyler
Technologies Inc is $412.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 10:19 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.69           1.76           Beat
 Dec. 31 2022      1.75           1.66           Missed
 Sep. 30 2022      1.86           2.06           Beat
 Jun. 30 2022      1.82           1.88           Beat