Verint Systems Inc expected to post earnings of 54 cents a share - Earnings Preview

Verint Systems

31/05/2024 21:25

* Verint Systems Inc  VRNT.OQ   VRNT.O  is expected to show
a fall
in quarterly revenue when it reports  results on June 4 for the
period ending April 30 2024
    * The Melville New York-based  company is expected to report
a
1.2% decrease in revenue to $214.528 million from $217.19
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on March 27
2024, for the period ended April 30, was for revenue between
$212.00 million and $216.00 million.
    * ​LSEG's mean analyst estimate for Verint Systems Inc is
for
earnings of 54 cents per share. The company's EPS guidance on
March 27 2024, for the period ended April 30, was about USD0.54
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Verint
Systems
Inc is $36.50​, above​ its last closing price of $29.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.97        0.97       1.07      Beat    10.3
 Oct. 31 2024  0.58        0.57       0.65      Beat    13.6
 Jul. 31 2023  0.57        0.57       0.48      Missed  -16.3​
 Apr. 30 2023  0.47        0.47       0.53      Beat    13.5
 ​​Jan.        0.72        0.72       0.75      Beat    4.5
 31 2023                                                
 Oct. 31 2022  0.59        0.59       0.69      Beat    16.5​
 Jul. 31 2022  0.53        0.53       0.56      Beat    5.7
 Apr. 30 2022  0.48        0.47       0.52      Beat    9.8
 This summary was machine generated May 31 at 20:25 GMT.  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)