Verint Systems Inc expected to post earnings of 97 cents a share - Earnings Preview

Verint Systems

25/03/2024 20:21

* Verint Systems Inc  VRNT.OQ   VRNT.O  is expected to show
a rise
in quarterly revenue when it reports  results on March 27 for
the period ending January 31 2024
    * The Melville New York-based  company is expected to report
a
11.4% increase in revenue to $263.116 million from $236.25
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on December
6 2023, for the period ended January 31, was for revenue of
$264.000 million. (Sales/Revenue Majority Basis is on Non-GAAP)
    * ​LSEG's mean analyst estimate for Verint Systems Inc is
for
earnings of 97 cents per share. 
    * 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 $35.50​, above​ its last closing price of $30.94. ​​​

The company's guidance on December 6 2023 for the period ended
January 31 was for gross profit margin of USD73%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  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. 31 2023  0.72        0.72       0.75      Beat    4.5
 ​​Oct.        0.59        0.59       0.69      Beat    16.5
 31 2022                                                
 Jul. 31 2022  0.53        0.53       0.56      Beat    5.7​
 Apr. 30 2022  0.48        0.47       0.52      Beat    9.8
 Jan. 31 2022  0.56        0.56       0.57      Beat    2.4
 This summary was machine generated March 25 at 20:21 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)