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

Verint Systems

06/09/2023 22:02

* Verint Systems Inc  VRNT.OQ  reported quarterly adjusted
earnings of 48 cents​​ per share for the quarter ended in July.
The mean expectation of seven analysts for the quarter was
for earnings of 57 cents per share.
    * Revenue fell 5.7% to $210.17 million from a year ago;
analysts
expected $225.10 million. 
    * Verint Systems Inc's reported EPS for the quarter was a
loss
of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Verint Systems Inc shares had fallen by 11.4% this
quarter and
lost 14.3% so far this year.
    * The company reported a quarterly loss of $11.2 million.
    * Wall Street's median 12-month price target for Verint
Systems
Inc is $46.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 6 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.57           0.48           Missed
 Apr. 30 2023      0.47           0.53           Beat
 Jan. 31 2023      0.72           0.75           Beat
 Oct. 31 2022      0.59           0.69           Beat