Verint Systems Inc reports results for the quarter ended January 31 - Earnings Summary

Verint Systems

26/03/2025 21:01

Verint Systems Inc VRNT.OQ reported quarterly adjusted earnings of 99 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $1.07.  The mean expectation of seven analysts for the quarter was for earnings of $1.27 per share. Wall Street expected results to range from $1.26  to $1.28 per share.

Revenue fell 4.4% to $253.55 million from a year ago; analysts expected $276.99 million.

Verint Systems Inc's reported EPS for the quarter was 45 cents​.

The company reported quarterly net income of $28.78 million.

Verint Systems Inc shares had fallen by 20.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.3% 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."

The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for Verint Systems Inc is $36.00

This summary was machine generated from LSEG data March 26 at 09:00 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 2025
1.27
0.99
Missed
Oct. 31 2024
0.43
0.54
Beat
Jul. 31 2024
0.53
0.49
Missed
Apr. 30 2024
0.54
0.59
Beat