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

Verint Systems

07/12/2022 22:01

* Verint Systems Inc  VRNT.OQ  reported quarterly adjusted
earnings of 69 cents​​ per share for the quarter ended in
October. The mean expectation of eight analysts for the quarter
was for earnings of 59 cents per share.
    * Revenue fell 0.8% to $225.19 million from a year ago;
analysts
expected $227.16 million. 
    * Verint Systems Inc's reported EPS for the quarter was a
loss
of 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.5%
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 risen by 11.5% this
quarter and
lost 28.7% so far this year.
    * The company reported a quarterly loss of $1.12 million.
    * Wall Street's median 12-month price target for Verint
Systems
Inc is $59.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data December
7 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      0.59           0.69           Beat
 Jul. 31 2022      0.53           0.56           Beat
 Apr. 30 2022      0.47           0.52           Beat
 Jan. 31 2022      0.56           0.57           Beat