Verint Systems Inc reports results for the quarter ended in January - Earnings Summary

Verint Systems

27/03/2024 22:19

* Verint Systems Inc  VRNT.OQ  reported quarterly adjusted
earnings of $1.07​​ per share for the quarter ended in January,
higher than the same quarter last year, when the company
reported EPS of 75 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 97 cents per
share. Wall Street expected results to range from 90 cents to 99
cents per share.
    * Revenue rose 12.2% to $265.11 million from a year ago;
analysts
expected $263.12 million. 
    * Verint Systems Inc's reported EPS for the quarter was 37
cents​.
    * The company reported quarterly net income of $23.51
million.
    * Verint Systems Inc shares had risen by 14.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
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 "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Verint
Systems
Inc is $35.50 

This summary was machine generated from LSEG data March 27 at
10:19 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
 Jan. 31 2024      0.97           1.07           Beat
 Oct. 31 2023      0.57           0.65           Beat
 Jul. 31 2023      0.57           0.48           Missed
 Apr. 30 2023      0.47           0.53           Beat